Bonds
Latest Tender Results - LGFA Bond Tender Number 30; 50% of bids accepted in long end, keen interest in 2021 maturity
15th Jul 15, 2:22pm
by
The LGFA has announced the results of LGFA Bond tender number 30 held on 15 July 2015.
Tender Date: Wed, 15 July 2015
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Mon, 20 July 2015
| Series Offered | 3.00% 15 April 2020 |
6.00% 15 May 2021 |
4.50% 15 April 2027 |
| Total Amount Offered ($million) | 25 | 30 | 95 |
| Total Amount Allocated ($million) | 25 | 30 | 95 |
| Total Number of Bids Received | 11 | 12 | 40 |
| Total Amount of Bids Received ($million) | 43 | 102 | 251 |
| Total Number of Successful Bids | 8 | 6 | 21 |
| Highest Yield Accepted (%) | 3.470 | 3.610 | 4.310 |
| Lowest Yield Accepted (%) | 3.435 | 3.585 | 4.270 |
| Highest Yield Rejected (%) | 3.500 | 3.670 | 4.360 |
| Lowest Yield Rejected (%) | 3.470 | 3.610 | 4.310 |
| Weighted Average Accepted Yield (%) | 3.4572 | 3.6068 | 4.2914 |
| Weighted Average Rejected Yield (%) | 3.4881 | 3.6327 | 4.3349 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 40.0 | 67.7 | 28.6 |
| Coverage Ratio | 1.7200 | 3.4000 | 2.6421 |
*Individual allotments may vary due to rounding.
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