Bonds
Latest bond tender of NZ$200 mln 2020's received bids for NZ$1.06 bln; massively over-subscribed and 4 lucky bidders scoop the pool; weighted average yield accepted was 2.73%
24th Jul 15, 2:22pm
by
The New Zealand Debt Management Office has announced the results of NZ Govt Bond tender number 547 held on July 24, 2015.
Tender Date: Friday, July 24, 2015
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Wednesday, July 29, 2015
| Jul 24 - #547 | |
| Series Offered | 3.00% 15 Apr 2020 |
| Total Amount Offered ($million) | 200 |
| Total Amount Allocated ($million) | 200 |
| Total Number of Bids Received | 45 |
| Total Amount of Bids Received ($million) | 1,056 |
| Total Number of Successful Bids | 4 |
| Highest Yield Accepted (%) | 2.730 |
| Lowest Yield Accepted (%) | 2.725 |
| Highest Yield Rejected (%) | 2.820 |
| Lowest Yield Rejected (%) | 2.735 |
| Weighted Average Accepted Yield (%) | 2.7287 |
| Weighted Average Rejected Yield (%) | 2.7583 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100 |
| Coverage ratio | 5.280 |
*Individual allotments may vary due to rounding.
We welcome your comments below. If you are not already registered, please register to comment.
Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.