Bonds
Latest bond tender of NZ$195 mln received bids for NZ$312 mln with 8 year bond yielding an average 5.0304%
31st Jul 13, 4:52pm
by
The Local Government Funding Agency has announced the results of LGFA Bond tender number 14 held on July 31, 2013.
Tender Date: Wed, 31 July 2013
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Mon, 5 August 2013
| Today | Today | Previous | Previous | |
| Series Offered |
6.00% 15 April 2015 |
6.00% 15 May 2021 |
6.00% 15 Dec 2017 |
6.00% 15 May 2021 |
| Total Amount Offered ($million) | 10 | 185 | 15 | 270 |
| Total Amount Allocated ($million) | 10 | 185 | 15 | 270 |
| Total Number of Bids Received | 6 | 42 | 8 | 56 |
| Total Amount of Bids Received ($million) | 29 | 283 | 30 | 547 |
| Total Number of Successful Bids | 3 | 31 | 3 | 26 |
| Highest Yield Accepted (%) | 3.475 | 5.080 | 3.970 | 4.605 |
| Lowest Yield Accepted (%) | 3.450 | 4.970 | 3.895 | 4.340 |
| Highest Yield Rejected (%) | 3.635 | 5.220 | 4.135 | 4.850 |
| Lowest Yield Rejected (%) | 3.4750 | 5.080 | 4.0950 | 4.610 |
| Weighted Average Accepted Yield (%) | 3.4565 | 5.0304 | 3.9283 | 4.4648 |
| Weighted Average Rejected Yield (%) | 3.5689 | 5.1218 | 4.1150 | 4.7217 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 67 | 73 | 100 | 60 |
*Individual allotments may vary due to rounding.
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