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NZ Govt Bond Tender #834; Tender Date 13 Oct 2022
13th Oct 22, 2:10pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 834 held on Oct 13, 2022.
Tender Date: Thursday, Oct 13, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Oct 18 2022
(1) Series Offered : 2.75% 15 Apr 2025
| Oct 13- #834 | Jun 23 #819 | Jun 09 #817 | May 26 #816 | |
| Series Offered | ||||
| Total Amount offered ($million) | 200 | 100 | 100 | 100 |
| Total Amount Allocated ($million) | 200 | 100 | 100 | 100 |
| Total Number of bids Received | 32 | 33 | 39 | 34 |
| Total Amount of bids Received ($million) | 335 | 305 | 420 | 455 |
| Total Number of Successful bids | 24 | 15 | 9 | 5 |
| Highest Yield Accepted (%) | 4.3825 | 3.6725 | 3.5400 | 3.3425 |
| Lowest Yield Accepted (%) | 4.3550 | 3.6375 | 3.5200 | 3.3350 |
| Highest Yield Rejected (%) | 4.4400 | 3.7300 | 3.5980 | 3.4100 |
| Lowest Yield Rejected (%) | 4.3850 | 3.6725 | 3.5430 | 3.3425 |
| Weighted Average Accepted Yield (%) | 4.3692 | 3.6560 | 3.5330 | 3.3416 |
| Weighted Average Rejected Yield (%) | 4.4074 | 3.6948 | 3.5610 | 3.3694 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount bid at that Yield* | 100.00 | 73.30 | 60.00 | 75.00 |
| Coverage ratio | 1.67 | 3.05 | 4.20 | 4.55 |
(2) Nominal Bonds - Series Offered : 2.00% 15 May 2032
| Oct 13- #834 | Sep 29- #832 | Sep 15 #830 | Sep 1 #828 | |
| Series Offered : 2.00% 15 May 2032 | ||||
| Total Amount Offered ($million) | 150 | 150 | 150 | 150 |
| Total Amount Allocated ($million) | 150 | 150 | 150 | 150 |
| Total Number of Bids Received | 45 | 35 | 55 | 40 |
| Total Amount of Bids Received ($million) | 317 | 200 | 712 | 287 |
| Total Number of Successful Bids | 24 | 23 | 11 | 21 |
| Highest Yield Accepted (%) | 4.5225 | 4.2200 | 4.0150 | 4.0825 |
| Lowest Yield Accepted (%) | 4.4925 | 4.1800 | 4.0000 | 4.0550 |
| Highest Yield Rejected (%) | 4.5650 | 4.2600 | 4.0700 | 4.1450 |
| Lowest Yield Rejected (%) | 4.5225 | 4.2200. | 4.0150 | 4.0825 |
| Weighted Average Accepted Yield (%) | 4.5085 | 4.2040. | 4.0138 | 4.0734 |
| Weighted Average Rejected Yield (%) | 4.5461 | 4.2356 | 4.0278 | 4.1089 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 60.0 | 80.0 | 64.20 | 90.00 |
| Coverage ratio | 2.11 | 1.33 | 4.75 | 1.91 |
(2) Series Offered : 1.75% 15 May 2041
| Oct 13- #834 | Sep 29- #832 | Sep 15 #830 | Sep 1 #828 | |
| Series Offered : 1.75% 15 May 2041 | ||||
| Total Amount Offered ($million) | 50 | 50 | 50 | 50 |
| Total Amount Allocated ($million) | 50 | 50 | 50 | 50 |
| Total Number of Bids Received | 28 | 25 | 29 | 27 |
| Total Amount of Bids Received ($million) | 139 | 57 | 105 | 125 |
| Total Number of Successful Bids | 12 | 20 | 16 | 11 |
| Highest Yield Accepted (%) | 4.9000 | 4.5550 | 4.3550 | 4.3900 |
| Lowest Yield Accepted (%) | 4.8800 | 4.4975 | 4.3300 | 4.3650 |
| Highest Yield Rejected (%) | 4.9600 | 4.5800 | 4.3850 | 4.4550 |
| Lowest Yield Rejected (%) | 4.9000 | 4.5600 | 4.3550 | 4.3950 |
| Weighted Average Accepted Yield (%) | 4.8930 | 4.5224 | 4.3440 | 4.3786 |
| Weighted Average Rejected Yield (%) | 4.9201 | 4.5721 | 4.3695 | 4.4250 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 2.78 | 100.00 | 83.30 | 100.0 |
| Coverage ratio | 4.5 | 1.14 | 2.10 | 2.50 |
*Individual allotments may vary due to rounding.
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