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NZ Govt Bond Tender #912; Tender Date 18 Jul 2024
18th Jul 24, 2:35pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 912 held on 18 Jul 2024.
Tender Date: Thursday, 18 Jul 2024.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 23 Jul 2024
(1) Series Offered : 3.00% 20 Apr 2029
| 18 Jul #912 | 11 Jul #911 | 13 Jun #907 | May 23 #905 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 225 | 225 | 250 | 250 |
| Total Amount Allocated ($million) | 225 | 225 | 250 | 250 |
| Total Number of Bids Received | 52 | 46 | 27 | 27 |
| Total Amount of Bids Received ($million) | 748 | 711 | 400 | 471 |
| Total Number of Successful Bids | 11 | 17 | 19 | 8 |
| Highest Yield Accepted (%) | 4.0900 | 4.3300 | 4.5125 | 4.5600 |
| Lowest Yield Accepted (%) | 4.0775 | 4.3125 | 4.4900 | 4.5550 |
| Highest Yield Rejected (%) | 4.2100 | 4.4350 | 4.5725 | 4.5975 |
| Lowest Yield Rejected (%) | 4.0900 | 4.3300 | 4.5125 | 4.5600 |
| Weighted Average Accepted Yield (%) | 4.0837 | 4.3231 | 4.5019 | 4.5590 |
| Weighted Average Rejected Yield (%) | 4.1168 | 4.3540 | 4.5337 | 4.5766 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 74.50 | 28.60 | 58.30 | 88.60 |
| Coverage ratio | 3.32 | 3.16 | 1.60 | 1.88 |
(2) Series Offered : 4.25% 15 May 2034
| 18 Jul #912 | 11 Jul #911 | Jun 20 #908 | May 31 #906 | |
| Series Offered : 4.25% 15 May 2034 | ||||
| Total Amount Offered ($million) | 225 | 225 | 200 | 175 |
| Total Amount Allocated ($million) | 225 | 225 | 200 | 175 |
| Total Number of Bids Received | 62 | 49 | 26 | 29 |
| Total Amount of Bids Received ($million) | 564 | 694 | 371 | 455 |
| Total Number of Successful Bids | 30 | 16 | 15 | 2 |
| Highest Yield Accepted (%) | 4.3750 | 4.5875 | 4.5700 | 4.8075 |
| Lowest Yield Accepted (%) | 4.3575 | 4.5750 | 4.5550 | 4.8075 |
| Highest Yield Rejected (%) | 4.4450 | 4.7225 | 4.6600 | 4.9125 |
| Lowest Yield Rejected (%) | 4.3750 | 4.5875 | 4.5700 | 4.8075 |
| Weighted Average Accepted Yield (%) | 4.3671 | 4.5811 | 4.5624 | 4.8075 |
| Weighted Average Rejected Yield (%) | 4.3997 | 4.6152 | 4.5935 | 4.8383 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 47.60 | 52.90 | 82.90 | 87.50 |
| Coverage ratio | 2.51 | 3.08 | 1.86 | 2.60 |
(3) Series Offered : 2.75% 15 Apr 2037
| 18 Jul #912 | 11 Jul #911 | Jun 27 #909 | 13 Jun #907 | |
| 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 | 27 | 30 | 21 | 19 |
| Total Amount of Bids Received ($million) | 158 | 238 | 160 | 160 |
| Total Number of Successful Bids | 7 | 8 | 5 | 5 |
| Highest Yield Accepted (%) | 4.5450 | 4.7600 | 4.8300 | 4.8175 |
| Lowest Yield Accepted (%) | 4.5350 | 4.7450 | 4.8225 | 4.7975 |
| Highest Yield Rejected (%) | 4.6200 | 4.8500 | 4.8650 | 4.8650 |
| Lowest Yield Rejected (%) | 4.5475 | 4.7600 | 4.8300 | 4.8175 |
| Weighted Average Accepted Yield (%) | 4.5398 | 4.7545 | 4.8268 | 4.8118 |
| Weighted Average Rejected Yield (%) | 4.5766 | 4.7800 | 4.8428 | 4.8355 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 12.50 | 50.00 | 57.10 |
| Coverage ratio | 3.16 | 4.76 | 3.20 | 3.20 |
*Individual allotments may vary due to rounding.
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