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NZ Govt Bond Tender #862; Tender Date 08 Jun 2023
8th Jun 23, 2:30pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 862 held on Jun 08, 2023.
Tender Date: Thursday, Jun 08, 2023.
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tuesday, 13 Jun 2023
(1) Nominal Bonds - Series Offered : 4.50% 15 May 2030
| Jun 8- #862 | |
| Series Offered : 4.50% 15 May 2030 | |
| Total Amount Offered ($million) | 200 |
| Total Amount Allocated ($million) | 200 |
| Total Number of Bids Received | 34 |
| Total Amount of Bids Received ($million) | 448 |
| Total Number of Successful Bids | 20 |
| Highest Yield Accepted (%) | 4.5400 |
| Lowest Yield Accepted (%) | 4.4925 |
| Highest Yield Rejected (%) | 4.7150 |
| Lowest Yield Rejected (%) | 4.5400 |
| Weighted Average Accepted Yield (%) | 4.5220 |
| Weighted Average Rejected Yield (%) | 4.6164 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 96.70 |
| Coverage ratio | 2.24 |
(2) Series Offered : 3.50% 14 Apr 2033
| Jun 8- #862 | May 25- #860 | May 11- #858 | Apr 27- #856 | |
| Series Offered : 3.50% 14 Apr 2033 | ||||
| Total Amount Offered ($million) | 150 | 150 | 150 | 150 |
| Total Amount Allocated ($million) | 150 | 150 | 150 | 150 |
| Total Number of Bids Received | 50 | 47 | 53 | 61 |
| Total Amount of Bids Received ($million) | 464 | 469 | 436 | 561 |
| Total Number of Successful Bids | 16 | 12 | 21 | 26 |
| Highest Yield Accepted (%) | 4.5900 | 4.4000 | 4.1475 | 4.0700 |
| Lowest Yield Accepted (%) | 4.5600 | 4.3725 | 4.1275 | 4.0375 |
| Highest Yield Rejected (%) | 4.7400 | 4.6100 | 4.3500 | 4.2200 |
| Lowest Yield Rejected (%) | 4.5900 | 4.4000 | 4.1475 | 4.0700 |
| Weighted Average Accepted Yield (%) | 4.5778 | 4.3888 | 4.1386 | 4.0576 |
| Weighted Average Rejected Yield (%) | 4.6403 | 4.4533 | 4.2090 | 4.1319 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 45.50 | 78.90 | 22.20 | 88.50 |
| Coverage ratio | 3.09 | 3.13 | 2.91 | 3.74 |
(3) Series Offered : 2.75% 15 Apr 2037
| Jun 8- #862 | Mar 23- #851 | Feb 16- #847 | Feb 2- #845 | |
| Series Offered : 2.75% 15 Apr 2037 | ||||
| Total Amount Offered ($million) | 50 | 50 | 50 | 50 |
| Total Amount Allocated ($million) | 50 | 50 | 50 | 50 |
| Total Number of Bids Received | 23 | 30 | 22 | 23 |
| Total Amount of Bids Received ($million) | 164 | 181 | 136 | 231 |
| Total Number of Successful Bids | 5 | 16 | 10 | 7 |
| Highest Yield Accepted (%) | 4.7000 | 4.3900 | 4.5350 | 4.2950 |
| Lowest Yield Accepted (%) | 4.6850 | 4.3600 | 4.5075 | 4.2775 |
| Highest Yield Rejected (%) | 4.7950 | 4.6600 | 4.6950 | 4.4000 |
| Lowest Yield Rejected (%) | 4.7000 | 4.3900 | 4.5400 | 4.2950 |
| Weighted Average Accepted Yield (%) | 4.6910 | 4.3754 | 4.5225 | 4.2880 |
| Weighted Average Rejected Yield (%) | 4.7391 | 4.4559 | 4.5888 | 4.3086 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 33.30 | 8.1 | 100.00 | 22.20 |
| Coverage ratio | 3.28 | 3.62 | 2.72 | 4.62 |
*Individual allotments may vary due to rounding.
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