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NZ Govt Bond Tender #833; Tender Date 6 Oct 2022
6th Oct 22, 2:30pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 833 held on Oct 6, 2022.
Tender Date: Thursday, Oct 6, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Oct 11 2022
(1) Nominal Bonds - Series Offered : 0.25% 15 May 2028
| Oct 6- #833 | Mar 24 - #807 | Mar 10 - #805 | Sep 30 - #786 | |
| Series Offered : 0.25% 15 May 2028 | ||||
| Total Amount Offered ($million) | 200 | 100 | 100 | 200 |
| Total Amount Allocated ($million) | 200 | 100 | 100 | 200 |
| Total Number of Bids Received | 58 | 22 | 23 | 23 |
| Total Amount of Bids Received ($million) | 543 | 426 | 231 | 380 |
| Total Number of Successful Bids | 29 | 1 | 11 | 16 |
| Highest Yield Accepted (%) | 4.0675 | 3.1525 | 2.8775 | 1.7650 |
| Lowest Yield Accepted (%) | 4.0325 | 3.1525 | 2.8525 | 1.7500 |
| Highest Yield Rejected (%) | 4.1100 | 3.2250 | 3.0000 | 1.7875 |
| Lowest Yield Rejected (%) | 4.0700 | 3.1575 | 2.8775 | 1.7650 |
| Weighted Average Accepted Yield (%) | 4.0490 | 3.1525 | 2.8616 | 1.7584 |
| Weighted Average Rejected Yield (%) |
4.0832 |
3.1769 | 2.9065 | 1.7717 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 100.00 | 23.80 | 11.80 |
| Coverage ratio | 2.71 | 4.26 | 2.31 | 1.90 |
(2) Series Offered : 3.50% 14 Apr 2033
| Oct 6- #833 | Jul 28- #824 | Jul 14 - #822 | Sep 30 - #786 | |
| Series Offered : 3.50% 14 Apr 2033 | ||||
| Total Amount Offered ($million) | 150 | 150 | 150 | 100 |
| Total Amount Allocated ($million) | 150 | 150 | 150 | 100 |
| Total Number of Bids Received | 61 | 37 | 12 | 13 |
| Total Amount of Bids Received ($million) | 425 | 408 | 351 | 105 |
| Total Number of Successful Bids | 28 | 11 | 12 | 13 |
| Highest Yield Accepted (%) | 4.2150 | 3.5100 | 3.7525 | 2.1900 |
| Lowest Yield Accepted (%) | 4.1950 | 3.4975 | 3.7300 | 2.1000 |
| Highest Yield Rejected (%) | 4.2750 | 3.5800 | 3.8125 | 2.1900 |
| Lowest Yield Rejected (%) | 4.2150 | 3.5100 | 3.7525 | 2.1900 |
| Weighted Average Accepted Yield (%) | 4.2041 | 3.5028 | 3.7459 | 2.1392 |
| Weighted Average Rejected Yield (%) | 4.2337 | 3.5238 | 3.7657 | 2.1900 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 20.00 | 42.90 | 97.10 | 75.00 |
| Coverage ratio | 2.83 | 2.72 | 2.34 | 1.05 |
(3) Series Offered : 2.75% 15 May 2051
| Oct 6- #833 | Sep 22 - #831 | Sep 8 - #829 | Aug 18 - #827 | |
| Series Offered : 2.75% 15 May 2051 | ||||
| Total Amount Offered ($million) | 50 | 50 | 50 | 50 |
| Total Amount Allocated ($million) | 50 | 50 | 50 | 50 |
| Total Number of Bids Received | 38 | 34 | 30 | 24 |
| Total Amount of Bids Received ($million) | 146 | 139 | 128 | 100 |
| Total Number of Successful Bids | 11 | 7 | 12 | 8 |
| Highest Yield Accepted (%) | 4.4975 | 4.3750 | 4.2600 | 3.9600 |
| Lowest Yield Accepted (%) | 4.4775 | 4.3650 | 4.2450 | 3.9325 |
| Highest Yield Rejected (%) | 4.5800 | 4.4700 | 4.3550 | 4.0050 |
| Lowest Yield Rejected (%) | 4.5000 | 4.3750 | 4.2650 | 3.9600 |
| Weighted Average Accepted Yield (%) | 4.4884 | 4.3702 | 4.2528 | 3.9505 |
| Weighted Average Rejected Yield (%) | 4.5246 | 4.4099 | 4.2732 | 3.9796 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 62.50 | 100.00 | 12.50 |
| Coverage ratio | 2.92 | 2.78 | 2.56. | 2.00 |
*Individual allotments may vary due to rounding.
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