Bonds
Latest Tender Results - LGFA Bond Tender Number 20
14th May 14, 2:20pm
by
The LGFA has announced the results of LGFA Bond tender number 20 held on May 14, 2014.
Tender Date: Wed, 14 May 2014
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Mon, 19 May 2014
| Series Offered |
6.00% 16 Dec 2017 |
5.00% 15 Mar 2019 |
6.00% 15 May 2021 |
5.50% 15 Apr 2023 |
| Total Amount Offered ($million) | 10 | 10 | 25 | 155 |
| Total Amount Allocated ($million) | 10 | 10 | 25 | 155 |
| Total Number of Bids Received | 8 | 6 | 18 | 62 |
| Total Amount of Bids Received ($million) | 43 | 28 | 78 | 298 |
| Total Number of Successful Bids | 3 | 3 | 9 | 29 |
| Highest Yield Accepted (%) | 4.425 | 4.670 | 5.070 | 5.240 |
| Lowest Yield Accepted (%) | 4.420 | 4.640 | 5.000 | 5.155 |
| Highest Yield Rejected (%) | 4.555 | 4.725 | 5.110 | 5.590 |
| Lowest Yield Rejected (%) | 4.425 | 4.670 | 5.070 | 5.240 |
| Weighted Average Accepted Yield (%) | 4.4225 | 4.6490 | 5.0478 | 5.2135 |
| Weighted Average Rejected Yield (%) | 4.4861 | 4.7006 | 5.0887 | 5.3044 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 33.3 | 40 | 42.9 | 90.9 |
| Coverage Ratio | 4.3 | 2.8 | 3.12 | 1.9226 |
*Individual allotments may vary due to rounding.
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