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NZ Govt Bond Tender #835; Tender Date 20 Oct 2022
20th Oct 22, 2:10pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 835 held on Oct 20, 2022.
Tender Date: Thursday, Oct 20, 2022.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, Oct 26 2022
(1) Nominal Bonds - Series Offered : 0.25% 15 May 2028
| Oct 20- #835 | Oct 6- #833 | Mar 24 - #807 | Mar 10 - #805 | |
| Series Offered : 0.25% 15 May 2028 | ||||
| Total Amount Offered ($million) | 200 | 200 | 100 | 100 |
| Total Amount Allocated ($million) | 200 | 200 | 100 | 100 |
| Total Number of Bids Received | 31 | 58 | 22 | 23 |
| Total Amount of Bids Received ($million) | 240 | 543 | 426 | 231 |
| Total Number of Successful Bids | 27 | 29 | 1 | 11 |
| Highest Yield Accepted (%) | 4.7775 | 4.0675 | 3.1525 | 2.8775 |
| Lowest Yield Accepted (%) | 4.7325 | 4.0325 | 3.1525 | 2.8525 |
| Highest Yield Rejected (%) | 4.7925 | 4.1100 | 3.2250 | 3.0000 |
| Lowest Yield Rejected (%) | 4.7800 | 4.0700 | 3.1575 | 2.8775 |
| Weighted Average Accepted Yield (%) | 4.7526 | 4.0490 | 3.1525 | 2.8616 |
| Weighted Average Rejected Yield (%) | 4.7881 |
4.0832 |
3.1769 | 2.9065 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 100.00 | 100.00 | 23.80 |
| Coverage ratio | 1.20 | 2.71 | 4.26 | 2.31 |
(2) Series Offered : 3.50% 14 Apr 2033
| Oct 6- #835 | Oct 6- #833 | Jul 28- #824 | Jul 14 - #822 | |
| Series Offered : 3.50% 14 Apr 2033 | ||||
| Total Amount Offered ($million) | 150 | 150 | 150 | 150 |
| Total Amount Allocated ($million) | 150 | 150 | 150 | 150 |
| Total Number of Bids Received | 61 | 61 | 37 | 12 |
| Total Amount of Bids Received ($million) | 661 | 425 | 408 | 351 |
| Total Number of Successful Bids | 17 | 28 | 11 | 12 |
| Highest Yield Accepted (%) | 4.8050 | 4.2150 | 3.5100 | 3.7525 |
| Lowest Yield Accepted (%) | 4.7900 | 4.1950 | 3.4975 | 3.7300 |
| Highest Yield Rejected (%) | 4.8800 | 4.2750 | 3.5800 | 3.8125 |
| Lowest Yield Rejected (%) | 4.8050 | 4.2150 | 3.5100 | 3.7525 |
| Weighted Average Accepted Yield (%) | 4.7993 | 4.2041 | 3.5028 | 3.7459 |
| Weighted Average Rejected Yield (%) | 4.8222 | 4.2337 | 3.5238 | 3.7657 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 17.70 | 20.00 | 42.90 | 97.10 |
| Coverage ratio | 4.41 | 2.83 | 2.72 | 2.34 |
(3) Series Offered : 2.75% 15 May 2051
| Oct 6- #835 | Oct 6- #833 | Sep 22 - #831 | Sep 8 - #829 | |
| 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 | 35 | 38 | 34 | 30 |
| Total Amount of Bids Received ($million) | 172 | 146 | 139 | 128 |
| Total Number of Successful Bids | 12 | 11 | 7 | 12 |
| Highest Yield Accepted (%) | 5.0550 | 4.4975 | 4.3750 | 4.2600 |
| Lowest Yield Accepted (%) | 5.0325 | 4.4775 | 4.3650 | 4.2450 |
| Highest Yield Rejected (%) | 5.1500 | 4.5800 | 4.4700 | 4.3550 |
| Lowest Yield Rejected (%) | 5.0550 | 4.5000 | 4.3750 | 4.2650 |
| Weighted Average Accepted Yield (%) | 5.0464 | 4.4884 | 4.3702 | 4.2528 |
| Weighted Average Rejected Yield (%) | 5.0820 | 4.5246 | 4.4099 | 4.2732 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 46.20 | 100.00 | 62.50 | 100.00 |
| Coverage ratio | 3.44 | 2.92 | 2.78 | 2.56. |
*Individual allotments may vary due to rounding.
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