Bonds
Latest bond tender of NZ$120 mln received bids for NZ$352 mln with 7-year bonds yielding an average of 3.7805%
20th Jun 13, 2:38pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 497 held on June 20, 2013.
Tender Date: Thu, 20 June 2013
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Tues, 25 June 2013
| Today | Previous | |
| Series Offered | 3.00% 15 Apr 2020 | 3.00% 15 Apr 2020 |
| Total Amount Offered ($million) | 120 | 120 |
| Total Amount Allocated ($million) | 120 | 120 |
| Total Number of Bids Received | 21 | 28 |
| Total Amount of Bids Received ($million) | 352 | 269 |
| Total Number of Successful Bids | 12 | 20 |
| Highest Yield Accepted (%) | 3.810 | 3.360 |
| Lowest Yield Accepted (%) | 3.740 | 3.280 |
| Highest Yield Rejected (%) | 3.900 | 3.410 |
| Lowest Yield Rejected (%) | 3.820 | 3.370 |
| Weighted Average Accepted Yield (%) | 3.7805 | 3.3182 |
| Weighted Average Rejected Yield (%) | 3.8536 | 3.3988 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 50 | 36 |
| Coverage ratio | 2.9333 | 2.2417 |
*Individual allotments may vary due to rounding.
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