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NZ Govt Bond Tender #927; Tender Date 14 Nov 2024
14th Nov 24, 2:45pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 927 held on Nov 14, 2025.
Tender Date: Thursday, Nov 14, 2024.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 19 Nov 2024
(1) Series Offered : 3.00% 20 Apr 2029
| 14 Nov #927 | 31 Oct #925 | 26 Sep #921 | 12 Sep #919 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 200 | 175 | 250 | 300 |
| Total Amount Allocated ($million) | 200 | 175 | 250 | 300 |
| Total Number of Bids Received | 39 | 35 | 46 | 35 |
| Total Amount of Bids Received ($million) | 614 | 559 | 544 | 604 |
| Total Number of Successful Bids | 13 | 9 | 26 | 23 |
| Highest Yield Accepted (%) | 4.2525 | 3.9975 | 3.7875 | 3.7600 |
| Lowest Yield Accepted (%) | 4.2350 | 3.9775 | 3.7550 | 3.7350 |
| Highest Yield Rejected (%) | 4.3475 | 4.0775 | 3.8700 | 3.8300 |
| Lowest Yield Rejected (%) | 4.2525 | 3.9975 | 3.7875 | 3.7600 |
| Weighted Average Accepted Yield (%) | 4.2440 | 3.9931 | 3.7739 | 3.7496 |
| Weighted Average Rejected Yield (%) | 4.2780 | 4.0308 | 3.8144 | 3.7846 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 75.00 | 61.30 | 45.70 | 57.40 |
| Coverage ratio | 3.07 | 3.19 | 2.17 | 2.01 |
(2) Series Offered : 4.50% 15 May 2035
| 14 Nov #927 | Nov 7- #924 | 26 Sep #921 | 12 Sep #919 | |
| Series Offered : 4.50% 15 May 2035 | ||||
| Total Amount Offered ($million) | 250 | 250 | 225 | 150 |
| Total Amount Allocated ($million) | 250 | 250 | 225 | 150 |
| Total Number of Bids Received | 45 | 50 | 41 | 59 |
| Total Amount of Bids Received ($million) | 571 | 740 | 365 | 685 |
| Total Number of Successful Bids | 22 | 14 | 29 | 19 |
| Highest Yield Accepted (%) | 4.7975 | 4.6675 | 4.3625 | 4.2250 |
| Lowest Yield Accepted (%) | 4.7725 | 4.6600 | 4.3275 | 4.2075 |
| Highest Yield Rejected (%) | 4.9075 | 4.7725 | 4.4200 | 4.3325 |
| Lowest Yield Rejected (%) | 4.7975 | 4.6675 | 4.3650 | 4.2250 |
| Weighted Average Accepted Yield (%) | 4.7875 | 4.6636 | 4.3423 | 4.2191 |
| Weighted Average Rejected Yield (%) | 4.8390 | 4.6979 | 4.3896 | 4.2560 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 70.00 | 72.70 | 100.00 | 83.30 |
| Coverage ratio | 2.28 | 2.96 | 1.62 | 4.56 |
(3) Series Offered : 2.75% 15 Apr 2037
| 14 Nov #927 | 26 Sep #921 | 12 Sep #919 | Aug 1 #914 | |
| Series Offered : 2.75% 15 Apr 2037 | ||||
| Total Amount Offered ($million) | 50 | 25 | 50 | 50 |
| Total Amount Allocated ($million) | 50 | 25 | 50 | 50 |
| Total Number of Bids Received | 27 | 22 | 32 | 31 |
| Total Amount of Bids Received ($million) | 206 | 121 | 162 | 315 |
| Total Number of Successful Bids | 9 | 3 | 11 | 2 |
| Highest Yield Accepted (%) | 4.9350 | 4.5300 | 4.4050 | 4.4850 |
| Lowest Yield Accepted (%) | 4.9150 | 4.5250 | 4.3925 | 4.4850 |
| Highest Yield Rejected (%) | 4.9950 | 4.6025 | 4.4525 | 4.5650 |
| Lowest Yield Rejected (%) | 4.9350 | 4.5300 | 4.4050 | 4.4850 |
| Weighted Average Accepted Yield (%) | 4.9252 | 4.5270 | 4.3996 | 4.4850 |
| Weighted Average Rejected Yield (%) | 4.9633 | 4.5501 | 4.4202 | 4.5065 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 71.40 | 50.00 | 60.00 | 62.50 |
| Coverage ratio | 4.12 | 4.84 | 3.24 | 6.32 |
*Individual allotments may vary due to rounding.
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