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NZ Govt Bond Tender #919; Tender Date 12 Sep 2024
12th Sep 24, 2:45pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 919 held on 12 Sep 2024.
Tender Date: Thursday, 12 Sep 2024.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 17 Sep 2024
(1) Series Offered : 3.00% 20 Apr 2029
| 12 Sep #919 | 25 Jul #913 | 18 Jul #912 | 11 Jul #911 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 300 | 300 | 225 | 225 |
| Total Amount Allocated ($million) | 300 | 300 | 225 | 225 |
| Total Number of Bids Received | 35 | 49 | 52 | 46 |
| Total Amount of Bids Received ($million) | 604 | 777 | 748 | 711 |
| Total Number of Successful Bids | 23 | 24 | 11 | 17 |
| Highest Yield Accepted (%) | 3.7600 | 4.0925 | 4.0900 | 4.3300 |
| Lowest Yield Accepted (%) | 3.7350 | 4.0700 | 4.0775 | 4.3125 |
| Highest Yield Rejected (%) | 3.8300 | 4.2100 | 4.2100 | 4.4350 |
| Lowest Yield Rejected (%) | 3.7600 | 4.0925 | 4.0900 | 4.3300 |
| Weighted Average Accepted Yield (%) | 3.7496 | 4.0813 | 4.0837 | 4.3231 |
| 3. | 3.7846 | 4.1258 | 4.1168 | 4.3540 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 57.40 | 34.40 | 74.50 | 28.60 |
| Coverage ratio | 2.01 | 2.59 | 3.32 | 3.16 |
(2) Series Offered : 4.50% 15 May 2035
| 12 Sep #919 | 25 Jul #913 | |
| Series Offered : 4.50% 15 May 2035 | ||
| Total Amount Offered ($million) | 150 | 200 |
| Total Amount Allocated ($million) | 150 | 200 |
| Total Number of Bids Received | 59 | 48 |
| Total Amount of Bids Received ($million) | 685 | 433 |
| Total Number of Successful Bids | 19 | 22 |
| Highest Yield Accepted (%) | 4.2250 | 4.4925 |
| Lowest Yield Accepted (%) | 4.2075 | 4.4675 |
| Highest Yield Rejected (%) | 4.3325 | 4.6050 |
| Lowest Yield Rejected (%) | 4.2250 | 4.4925 |
| Weighted Average Accepted Yield (%) | 4.2191 | 4.4779 |
| Weighted Average Rejected Yield (%) | 4.2560 | 4.5444 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 83.30 | 42.90 |
| Coverage ratio | 4.56 | 2.16 |
(3) Series Offered : 2.75% 15 Apr 2037
| 12 Sep #919 | Aug 1 #914 | 18 Jul #912 | 11 Jul #911 | |
| 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 | 32 | 31 | 27 | 30 |
| Total Amount of Bids Received ($million) | 162 | 315 | 158 | 238 |
| Total Number of Successful Bids | 11 | 2 | 7 | 8 |
| Highest Yield Accepted (%) | 4.4050 | 4.4850 | 4.5450 | 4.7600 |
| Lowest Yield Accepted (%) | 4.3925 | 4.4850 | 4.5350 | 4.7450 |
| Highest Yield Rejected (%) | 4.4525 | 4.5650 | 4.6200 | 4.8500 |
| Lowest Yield Rejected (%) | 4.4050 | 4.4850 | 4.5475 | 4.7600 |
| Weighted Average Accepted Yield (%) | 4.3996 | 4.4850 | 4.5398 | 4.7545 |
| Weighted Average Rejected Yield (%) | 4.4202 | 4.5065 | 4.5766 | 4.7800 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 60.00 | 62.50 | 100.00 | 12.50 |
| Coverage ratio | 3.24 | 6.32 | 3.16 | 4.76 |
*Individual allotments may vary due to rounding.
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