Bonds
Latest Tender Results - LGFA Bond Tender Number 25
10th Dec 14, 2:26pm
by
The LGFA has announced the results of LGFA Bond tender number 25 held on 10 December 2014.
Tender Date: Wed, 10 November 2014
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Mon, 15 December 2014
| Series Offered |
6.00% 15 Dec 2017 |
5.00% 15 March 2019 |
3.00% 15 April 2020 |
5.50% 15 April 2023 |
| Total Amount Offered ($million) | 15 | 20 | 25 | 75 |
| Total Amount Allocated ($million) | 15 | 20 | 25 | 75 |
| Total Number of Bids Received | 10 | 13 | 13 | 51 |
| Total Amount of Bids Received ($million) | 75 | 82 | 94 | 333 |
| Total Number of Successful Bids | 3 | 3 | 5 | 8 |
| Highest Yield Accepted (%) | 3.980 | 4.160 | 4.305 | 4.605 |
| Lowest Yield Accepted (%) | 3.960 | 4.160 | 4.300 | 4.580 |
| Highest Yield Rejected (%) | 4.060 | 4.245 | 4.380 | 4.670 |
| Lowest Yield Rejected (%) | 3.985 | 4.160 | 4.305 | 4.605 |
| Weighted Average Accepted Yield (%) | 3.9700 | 4.1600 | 4.3044 | 4.5951 |
| Weighted Average Rejected Yield (%) | 4.0038 | 4.1853 | 4.3189 | 4.6403 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100 | 66.7 | 38.6 | 50 |
| Coverage Ratio | 5 | 4.1 | 3.76 | 4.44 |
*Individual allotments may vary due to rounding.
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