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NZ Govt Bond Tender #913; Tender Date 25 Jul 2024
25th Jul 24, 2:40pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 913 held on 25 Jul 2024.
Tender Date: Thursday, 25 Jul 2024.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 30 Jul 2024
(1) Series Offered : 3.00% 20 Apr 2029
| 25 Jul #913 | 18 Jul #912 | 11 Jul #911 | 13 Jun #907 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 300 | 225 | 225 | 250 |
| Total Amount Allocated ($million) | 300 | 225 | 225 | 250 |
| Total Number of Bids Received | 49 | 52 | 46 | 27 |
| Total Amount of Bids Received ($million) | 777 | 748 | 711 | 400 |
| Total Number of Successful Bids | 24 | 11 | 17 | 19 |
| Highest Yield Accepted (%) | 4.0925 | 4.0900 | 4.3300 | 4.5125 |
| Lowest Yield Accepted (%) | 4.0700 | 4.0775 | 4.3125 | 4.4900 |
| Highest Yield Rejected (%) | 4.2100 | 4.2100 | 4.4350 | 4.5725 |
| Lowest Yield Rejected (%) | 4.0925 | 4.0900 | 4.3300 | 4.5125 |
| Weighted Average Accepted Yield (%) | 4.0813 | 4.0837 | 4.3231 | 4.5019 |
| Weighted Average Rejected Yield (%) | 4.1258 | 4.1168 | 4.3540 | 4.5337 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 34.40 | 74.50 | 28.60 | 58.30 |
| Coverage ratio | 2.59 | 3.32 | 3.16 | 1.60 |
(2) Series Offered : 4.50% 15 May 2035
| 25 Jul #913 | |
| Series Offered : 4.50% 15 May 2035 | |
| Total Amount Offered ($million) | 200 |
| Total Amount Allocated ($million) | 200 |
| Total Number of Bids Received | 48 |
| Total Amount of Bids Received ($million) | 433 |
| Total Number of Successful Bids | 22 |
| Highest Yield Accepted (%) | 4.4925 |
| Lowest Yield Accepted (%) | 4.4675 |
| Highest Yield Rejected (%) | 4.6050 |
| Lowest Yield Rejected (%) | 4.4925 |
| Weighted Average Accepted Yield (%) | 4.4779 |
| Weighted Average Rejected Yield (%) | 4.5444 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 42.90 |
| Coverage ratio | 2.16 |
*Individual allotments may vary due to rounding.
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