Bonds
Latest bond tender of NZ$120 mln received bids for NZ$480 mln with 10 year bonds yielding an average of 3.3583%
17th May 13, 2:58pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 494 held on May 17, 2013.
Tender Date: Fri, 17 May 2013
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Wed, 22 May 2013
| Today | Previous | |
| Series Offered | 5.50% 15 Apr 2023 | 5.50% 15 Apr 2023 |
| Total Amount Offered ($million) | 120 | 120 |
| Total Amount Allocated ($million) | 120 | 120 |
| Total Number of Bids Received | 46 | 36 |
| Total Amount of Bids Received ($million) | 480 | 532 |
| Total Number of Successful Bids | 11 | 15 |
| Highest Yield Accepted (%) | 3.370 | 3.235 |
| Lowest Yield Accepted (%) | 3.340 | 3.190 |
| Highest Yield Rejected (%) | 3.490 | 3.320 |
| Lowest Yield Rejected (%) | 3.3980 | 3.240 |
| Weighted Average Accepted Yield (%) | 3.3583 | 3.2105 |
| Weighted Average Rejected Yield (%) | 3.3980 | 3.2674 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 75 | 60 |
| Coverage ratio | 4.0000 | 4.4333 |
*Individual allotments may vary due to rounding.
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