Bonds
Latest bond tender of NZ$165 mln received bids for NZ$784 mln with 6 year bonds yielding an average 3.7886%
10th Apr 13, 2:27pm
by
The Local Government Funding Agency has announced the results of LGFA Bond tender number 11 held on 10 April 2013.
Tender Date: Wed, 10 Apr 2013
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Mon, 15 Apr 2013
| Series Offered | 6.00% 15 Apr 2015 | 5.00% 15 Mar 2019 |
| Total Amount Offered ($million) | 10 | 155 |
| Total Amount Allocated ($million) | 0 | 165 |
| Total Number of Bids Received | 5 | 42 |
| Total Amount of Bids Received ($million) | 50 | 734 |
| Total Number of Successful Bids | 0 | 26 |
| Highest Yield Accepted (%) | 3.840 | |
| Lowest Yield Accepted (%) | 3.705 | |
| Highest Yield Rejected (%) | 3.200 | 3.900 |
| Lowest Yield Rejected (%) | 3.110 | 3.845 |
| Weighted Average Accepted Yield (%) | 0.000 | 3.7886 |
| Weighted Average Rejected Yield (%) | 3.157 | 3.8666 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 5 |
*Individual allotments may vary due to rounding.
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