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September 2035 Government inflation linked tender sees average weighted yield at 2.4%; lower demand reflection deterioration in global risk sentiment

Bonds
September 2035 Government inflation linked tender sees average weighted yield at 2.4%; lower demand reflection deterioration in global risk sentiment

The results from the latest inflation indexed bond offer by the Treasury's Debt Management Office have been released.

2.50% - 20 September 2035 Today #561 Previous #559 Previous #556 Previous #554 Previous #552
Series offered tender
Feb. 11, 2016
tender
Dec. 11, 2015
tender
Nov. 12, 2015
tender
Oct. 8, 2015
tender
Sept. 17, 2015
Total Amount Offered ($mln) 100 100 100 100 100
Total Amount Allocated ($mln) 100 100 100 100 100
Total Number of Bids Received 51 37 57 55 46
Total Amount of Bids Received ($mln) 187 282 247 235 203
Total Number of Successful Bids 29 5 19 34 7
Highest Yield Accepted (%) 2.420 2.600 2.580 2.450 2.330
Lowest Yield Accepted (%) 2.335 2.500 2.540 2.370 2.300
Highest Yield Rejected (%) 2.600 2.780 2.900 2.580 2.470
Lowest Yield Rejected (%) 2.420 2.600 2.590 2.450 2.340
Weighted Average Accepted Yield (%) 2.3986 2.5085 2.5655 2.4221 2.3127
Weighted Average Rejected Yield (%) 2.4672 2.6421 2.6633 2.4939 2.3953
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* 14.8 22.2 100 70 100
Coverage Ratio 1.87 2.82 2.47 2.35 2.03

*Individual allotments may vary due to rounding.

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