Bonds
Latest Tender Results - LGFA Bond Tender Number 21
18th Jun 14, 2:26pm
by
The LGFA has announced the results of LGFA Bond tender number 21 held on 18 June 2014.
Tender Date: Wed, 18 June 2014
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Mon, 23 June 2014
| Series Offered |
5.00% 15 Mar 2019 |
6.00% 15 May 2021 |
5.50% 15 Apr 2023 |
| Total Amount Offered ($million) | 10 | 10 | 135 |
| Total Amount Allocated ($million) | 10 | 10 | 135 |
| Total Number of Bids Received | 9 | 6 | 53 |
| Total Amount of Bids Received ($million) | 35 | 53 | 281 |
| Total Number of Successful Bids | 4 | 1 | 29 |
| Highest Yield Accepted (%) | 4.870 | 5.100 | 5.360 |
| Lowest Yield Accepted (%) | 4.780 | 5.100 | 5.270 |
| Highest Yield Rejected (%) | 5.000 | 5.210 | 5.480 |
| Lowest Yield Rejected (%) | 4.870 | 5.120 | 5.360 |
| Weighted Average Accepted Yield (%) | 4.8280 | 5.1000 | 5.3273 |
| Weighted Average Rejected Yield (%) | 4.9152 | 5.1423 | 5.4175 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 71.4 | 100 | 12.5 |
| Coverage Ratio | 3.5 | 5.3 | 2.0815 |
*Individual allotments may vary due to rounding.
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