Bonds
September 2020 Government nominal tender sees average yield at 2.727% up from last months 2.685%; lowest coverage ratio for 2020s
22nd Oct 15, 2:44pm
by
NZDMO has announced the results of Nominal Government Bond tender number 555 held on 22 October 2015.
Tender Date: Thu, 22 Oct 2015
Bids close: 2.00pm
Results: From 2.05pm
Settlement Date: Wed, 28 Oct 2015
Series Offered: 3.00% 15 Apr 2020 | Today #555 |
24-Sep-15 #553 |
27-Aug-15 #550 |
24-Jul-15 #547 |
Total Amount Offered ($million) | 200 | 200 | 200 | 200 |
Total Amount Allocated ($million) | 200 | 200 | 200 | 200 |
Total Number of Bids Received | 30 | |||
Total Amount of Bids Received ($million) | 527 | 569 | 600 | 1,056 |
Total Number of Successful Bids | 15 | |||
Highest Yield Accepted (%) | 2.740 | 2.680 | 2.660 | 2.725 |
Lowest Yield Accepted (%) | 2.710 | 2.690 | 2.675 | 2.730 |
Highest Yield Rejected (%) | 2.800 | 2.690 | 2.675 | 2.735 |
Lowest Yield Rejected (%) | 2.740 | 2.750 | 2.760 | 2.820 |
Weighted Average Accepted Yield (%) | 2.727 | 2.685 | 2.667 | 2.729 |
Weighted Average Rejected Yield (%) | 2.7664 | 2.719 | 2.700 | 2.758 |
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* |
52.6 | |||
Coverage Ratio | 2.635 | 2.845 | 3.000 | 5.280 |
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