Bonds
LGFA Bond Tender Number 46; demand remains strong with weighted average coverage ratio of 3.89x and weighted average yield of 3.80%
10th May 17, 2:31pm
by
The LGFA has announced the results of LGFA Bond tender number 46 held on 10 May 2017.
Tender Date: Wed, 10 May 2017
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Monday, 15 May 2017
| Today | Previous (05-04-17) | Previous (15-02-17) | |||||||||
| Series Offered |
3.00% |
2.75% |
4.50% 15 Apr 2027 | 3.50% 14 Apr 2033 | 3.00% 15 April 2020 |
5.50% 15 April 2023 |
2.75% 15 April 2025 |
3.50% 14 April 2033 |
3.00% 15 April 2020 |
2.75% 15 April 2025 |
4.50% 15 April 2027 |
| Total Amount Offered ($million) | 35 | 35 | 35 | 60 | 30 | 20 | 50 | 75 | 20 | 100 | 40 |
| Total Amount Allocated ($million) | 35 | 35 | 35 | 60 | 30 | 20 | 50 | 75 | 20 | 100 | 40 |
| Total Number of Bids Received | 12 | 24 | 21 | 26 | 15 | 16 | 18 | 62 | 18 | 55 | 22 |
| Total Amount of Bids Received ($million) | 167 | 215 | 119 | 141 | 164 | 103 | 102 | 291 | 165 | 390 | 146 |
| Total Number of Successful Bids | 1 | 3 | 8 | 11 | 2 | 4 | 1 | 16 | 1 | 9 | 4 |
| Highest Yield Accepted (%) | 2.720 | 3.710 | 3.910 | 4.425 | 2.720 | 3.350 | 3.710 | 4.530 | 2.980 | 4.000 | 4.195 |
| Lowest Yield Accepted (%) | 2.720 | 3.710 | 3.885 | 4.385 | 2.705 | 3.340 | 3.710 | 4.460 | 2.980 | 3.980 | 4.190 |
| Highest Yield Rejected (%) | 2.790 | 3.760 | 3.955 | 4.540 | 2.800 | 3.415 | 3.820 | 4.690 | 3.085 | 4.095 | 4.265 |
| Lowest Yield Rejected (%) | 2.725 | 3.710 | 3.910 | 4.425 | 2.720 | 3.350 | 3.715 | 4.530 | 2.985 | 4.000 | 4.195 |
| Weighted Average Accepted Yield (%) | 2.7200 | 3.7100 | 3.8986 | 4.4138 | 2.7150 | 3.4550 | 3.7100 | 4.5073 | 2.9800 | 3.9947 | 4.1903 |
| Weighted Average Rejected Yield (%) | 2.7408 | 3.7288 | 3.9285 | 4.4678 | 2.7562 | 3.3793 | 3.7618 | 4.5831 | 3.0103 | 4.0278 | 4.2092 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.0 | 71.4 | 65.8 | 50.0 | 66.7 | 66.7 | 100.0 | 9.1 | 100.0 | 34.4 | 5.0 |
| Coverage Ratio | 4.7786 | 6.1429 | 3.4044 | 2.3500 | 5.4730 | 5.1690 | 2.0400 | 3.8800 | 8.2500 | 3.9000 | 3.6500 |
*Individual allotments may vary due to rounding.
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