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NZ Govt Bond Tender #937; Tender Date 27 Feb 2025
27th Feb 25, 2:50pm
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The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 937 held on Feb 27, 2025.
Tender Date: Thursday, Feb 27, 2024.
Bids close: 2.30pm
Results: From 2.35pm
Settlement Date: Tuesday, 4 Mar 2025
(1) Series Offered : 3.00% 20 Apr 2029
| 27 Feb #937 | 15 Jan #932 | 5 Dec #930 | 28 Nov #929 | |
| Series Offered : 3.00% 20 Apr 2029 | ||||
| Total Amount Offered ($million) | 225 | 250 | 200 | 250 |
| Total Amount Allocated ($million) | 225 | 250 | 200 | 250 |
| Total Number of Bids Received | 48 | 44 | 40 | 41 |
| Total Amount of Bids Received ($million) | 959 | 697 | 710 | 832 |
| Total Number of Successful Bids | 13 | 24 | 12 | 12 |
| Highest Yield Accepted (%) | 3.9575 | 4.0275 | 3.9000 | 3.9500 |
| Lowest Yield Accepted (%) | 3.9450 | 3.9925 | 3.8825 | 3.9425 |
| Highest Yield Rejected (%) | 4.0575 | 4.1200 | 4.0150 | 4.0250 |
| Lowest Yield Rejected (%) | 3.9575 | 4.0275 | 3.9025 | 3.9500 |
| Weighted Average Accepted Yield (%) | 3.9518 | 4.0132 | 3.8929 | 3.9470 |
| Weighted Average Rejected Yield (%) | 3.9813 | 4.0552 | 3.9322 | 3.9734 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 54.10 | 48.00 | 100.00 | 38.80 |
| Coverage ratio | 4.26 | 2.78 | 3.55 | 3.32 |
(2) Series Offered : 3.50% 14 Apr 2033
| 27 Feb #937 | 15 Jan #932 | 28 Nov #929 | Jun 27 #909 | |
| Series Offered : 3.50% 14 Apr 2033 | ||||
| Total Amount Offered ($million) | 225 | 175 | 175 | 200 |
| Total Amount Allocated ($million) | 225 | 175 | 175 | 200 |
| Total Number of Bids Received | 37 | 44 | 41 | 23 |
| Total Amount of Bids Received ($million) | 530 | 576 | 673 | 260 |
| Total Number of Successful Bids | 21 | 18 | 4 | 19 |
| Highest Yield Accepted (%) | 4.4550 | 4.6000 | 4.3675 | 4.6600 |
| Lowest Yield Accepted (%) | 4.4125 | 4.5850 | 4.3625 | 4.6375 |
| Highest Yield Rejected (%) | 4.5300 | 4.6700 | 4.4625 | 4.6900 |
| Lowest Yield Rejected (%) | 4.4550 | 4.6000 | 4.3675 | 4.6600 |
| Weighted Average Accepted Yield (%) | 4.4339 | 4.5932 | 4.3650 | 4.6478 |
| Weighted Average Rejected Yield (%) | 4.4836 | 4.6244 | 4.3914 | 4.6767 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 14.30 | 25.50 | 71.40 | 66.70 |
| Coverage ratio | 2.35 | 3.29 | 3.84 | 1.30 |
(3) Series Offered : 1.75% 15 May 2041
| 27 Feb #937 | 20 Feb #936 | Jan 30- #934 | Jan 25- #933 | |
| Series Offered : 1.75% 15 May 2041 | ||||
| Total Amount Offered ($million) | 50 | 50 | 100 | 100 |
| Total Amount Allocated ($million) | 50 | 50 | 100 | 100 |
| Total Number of Bids Received | 26 | 29 | 44 | 42 |
| Total Amount of Bids Received ($million) | 209 | 232 | 314 | 393 |
| Total Number of Successful Bids | 6 | 7 | 17 | 8 |
| Highest Yield Accepted (%) | 4.9700 | 5.0575 | 4.9625 | 5.0475 |
| Lowest Yield Accepted (%) | 4.9550 | 5.0500 | 4.9400 | 5.0300 |
| Highest Yield Rejected (%) | 5.0575 | 5.1175 | 5.0525 | 5.1300 |
| Lowest Yield Rejected (%) | 4.9700 | 5.0600 | 4.9625 | 5.0475 |
| Weighted Average Accepted Yield (%) | 4.9612 | 5.0530 | 4.9542 | 5.0367 |
| Weighted Average Rejected Yield (%) | 5.0011 | 5.0874 | 4.9925 | 5.0738 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 59.10 | 100.00 | 41.20 | 64.30 |
| Coverage ratio | 4.18 | 4.64 | 3.14 | 3.93 |
*Individual allotments may vary due to rounding.
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