Bonds
Latest bond tender of NZ$120 mln received bids for NZ$269 mln with 7-year bonds yielding an average of 3.3182%
30th May 13, 2:22pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 495 held on May 30, 2013.
Tender Date: Thu, 30 May 2013
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Wed, 5 June 2013
| Today | Previous | |
| Series Offered | 3.00% 15 Apr 2020 | 5.50% 15 Apr 2023 |
| Total Amount Offered ($million) | 120 | 120 |
| Total Amount Allocated ($million) | 120 | 120 |
| Total Number of Bids Received | 28 | 46 |
| Total Amount of Bids Received ($million) | 269 | 480 |
| Total Number of Successful Bids | 20 | 11 |
| Highest Yield Accepted (%) | 3.360 | 3.370 |
| Lowest Yield Accepted (%) | 3.280 | 3.340 |
| Highest Yield Rejected (%) | 3.410 | 3.490 |
| Lowest Yield Rejected (%) | 3.370 | 3.3980 |
| Weighted Average Accepted Yield (%) | 3.3182 | 3.3583 |
| Weighted Average Rejected Yield (%) | 3.3988 | 3.3980 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 36 | 75 |
| Coverage ratio | 2.2417 | 4.0000 |
*Individual allotments may vary due to rounding.
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