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NZ Govt Bond Tender #930; Tender Date 5 Dec 2024
5th Dec 24, 2:44pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 930 held on Dec 5, 2025.
Tender Date: Thursday, Dec 5, 2024.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 10 Dec 2024
(1) Series Offered : 3.00% 20 Apr 2029
| 5 Dec #930 | 28 Nov #929 | 21 Nov #928 | 14 Nov #927 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 200 | 250 | 200 | 200 |
| Total Amount Allocated ($million) | 200 | 250 | 200 | 200 |
| Total Number of Bids Received | 40 | 41 | 40 | 39 |
| Total Amount of Bids Received ($million) | 710 | 832 | 835 | 614 |
| Total Number of Successful Bids | 12 | 12 | 5 | 13 |
| Highest Yield Accepted (%) | 3.9000 | 3.9500 | 4.1675 | 4.2525 |
| Lowest Yield Accepted (%) | 3.8825 | 3.9425 | 4.1575 | 4.2350 |
| Highest Yield Rejected (%) | 4.0150 | 4.0250 | 4.2500 | 4.3475 |
| Lowest Yield Rejected (%) | 3.9025 | 3.9500 | 4.1675 | 4.2525 |
| Weighted Average Accepted Yield (%) | 3.8929 | 3.9470 | 4.1592 | 4.2440 |
| Weighted Average Rejected Yield (%) | 3.9322 | 3.9734 | 4.1907 | 4.2780 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.00 | 38.80 | 50.00 | 75.00 |
| Coverage ratio | 3.55 | 3.32 | 4.17 | 3.07 |
(2) Series Offered : 4.25% 15 May 2034
| 5 Dec #930 | 31 Oct #925 | Oct 17- #924 | Oct 10- #923 | |
| Series Offered : 4.25% 15 May 2034 | ||||
| Total Amount Offered ($million) | 250 | 250 | 250 | 250 |
| Total Amount Allocated ($million) | 250 | 250 | 250 | 250 |
| Total Number of Bids Received | 37 | 45 | 45 | 32 |
| Total Amount of Bids Received ($million) | 478 | 779 | 639 | 436 |
| Total Number of Successful Bids | 27 | 10 | 17 | 24 |
| Highest Yield Accepted (%) | 4.3875 | 4.5100 | 4.4200 | 4.3900 |
| Lowest Yield Accepted (%) | 4.3400 | 4.5000 | 4.4000 | 4.3375 |
| Highest Yield Rejected (%) | 4.4625 | 4.5825 | 4.5125 | 4.4100 |
| Lowest Yield Rejected (%) | 4.3875 | 4.5100 | 4.4200 | 4.3900 |
| Weighted Average Accepted Yield (%) | 4.3587 | 4.5059 | 4.4117 | 4.3645 |
| Weighted Average Rejected Yield (%) | 4.4037 | 4.5327 | 4.4466 | 4.4005 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 25.70 | 43.80 | 13.00 | 20.00 |
| Coverage ratio | 1.91 | 3.11 | 2.55 | 1.74 |
(3) Series Offered : 2.75% 15 Apr 2037
| 5 Dec #930 | 14 Nov #927 | 26 Sep #921 | 12 Sep #919 | |
| Series Offered : 2.75% 15 Apr 2037 | ||||
| Total Amount Offered ($million) | 50 | 50 | 25 | 50 |
| Total Amount Allocated ($million) | 50 | 50 | 25 | 50 |
| Total Number of Bids Received | 22 | 27 | 22 | 32 |
| Total Amount of Bids Received ($million) | 141 | 206 | 121 | 162 |
| Total Number of Successful Bids | 10 | 9 | 3 | 11 |
| Highest Yield Accepted (%) | 4.6250 | 4.9350 | 4.5300 | 4.4050 |
| Lowest Yield Accepted (%) | 4.5950 | 4.9150 | 4.5250 | 4.3925 |
| Highest Yield Rejected (%) | 4.6975 | 4.9950 | 4.6025 | 4.4525 |
| Lowest Yield Rejected (%) | 4.6250 | 4.9350 | 4.5300 | 4.4050 |
| Weighted Average Accepted Yield (%) | 4.6118 | 4.9252 | 4.5270 | 4.3996 |
| Weighted Average Rejected Yield (%) | 4.6493 | 4.9633 | 4.5501 | 4.4202 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 50.00 | 71.40 | 50.00 | 60.00 |
| Coverage ratio | 2.82 | 4.12 | 4.84 | 3.24 |
*Individual allotments may vary due to rounding.
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