Bonds
LGFA Bond Tender Number 47; demand weakens with weighted average coverage ratio of 1.98x and weighted average yield of 3.56%
14th Jun 17, 2:54pm
by
The LGFA has announced the results of LGFA Bond tender number 47 held on 14 June 2017.
Tender Date: Wed, 14 June 2017
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Monday, 19 June 2017
| Today | Previous (10-05-17) | Previous (05-04-17) | ||||||||||
| Series Offered |
3.00% 15 Apr 2020 |
2.75% 15 Apr 2025 |
4.50% 15 Apr 2027 |
3.50% 14 Apr 2033 |
3.00% |
2.75% |
4.50% 15 Apr 2027 |
3.50% 14 Apr 2033 |
3.00% 15 Apr 2020 |
5.50% 15 Apr 2023 |
2.75% 15 Apr 2025 |
3.50% 14 Apr 2033 |
| Total Amount Offered ($million) | 35 | 50 | 25 | 80 | 35 | 35 | 35 | 60 | 30 | 20 | 50 | 75 |
| Total Amount Allocated ($million) | 35 | 50 | 25 | 80 | 35 | 35 | 35 | 60 | 30 | 20 | 50 | 75 |
| Total Number of Bids Received | 13 | 17 | 18 | 19 | 12 | 24 | 21 | 26 | 15 | 16 | 18 | 62 |
| Total Amount of Bids Received ($million) | 115 | 99 | 73 | 89 | 167 | 215 | 119 | 141 | 164 | 103 | 102 | 291 |
| Total Number of Successful Bids | 2 | 4 | 6 | 17 | 1 | 3 | 8 | 11 | 2 | 4 | 1 | 16 |
| Highest Yield Accepted (%) | 2.500 | 3.370 | 3.570 | 4.200 | 2.720 | 3.710 | 3.910 | 4.425 | 2.720 | 3.350 | 3.710 | 4.530 |
| Lowest Yield Accepted (%) | 2.480 | 3.360 | 3.560 | 4.115 | 2.720 | 3.710 | 3.885 | 4.385 | 2.705 | 3.340 | 3.710 | 4.460 |
| Highest Yield Rejected (%) | 2.580 | 3.450 | 3.670 | 4.240 | 2.790 | 3.760 | 3.955 | 4.540 | 2.800 | 3.415 | 3.820 | 4.690 |
| Lowest Yield Rejected (%) | 2.510 | 3.380 | 3.570 | 4.200 | 2.725 | 3.710 | 3.910 | 4.425 | 2.720 | 3.350 | 3.715 | 4.530 |
| Weighted Average Accepted Yield (%) | 2.4914 | 3.3650 | 3.5656 | 4.1517 | 2.7200 | 3.7100 | 3.8986 | 4.4138 | 2.7150 | 3.4550 | 3.7100 | 4.5073 |
| Weighted Average Rejected Yield (%) | 2.5287 | 3.4208 | 3.6233 | 4.2233 | 2.7408 | 3.7288 | 3.9285 | 4.4678 | 2.7562 | 3.3793 | 3.7618 | 4.5831 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.0 | 100.0 | 87.5 | 80.0 | 100.0 | 71.4 | 65.8 | 50.0 | 66.7 | 66.7 | 100.0 | 9.1 |
| Coverage Ratio | 3.2857 | 1.9800 | 2.9200 | 1.1125 | 4.7786 | 6.1429 | 3.4044 | 2.3500 | 5.4730 | 5.1690 | 2.0400 | 3.8800 |
*Individual allotments may vary due to rounding.
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