Bonds
September 2040 Government inflation-linked tender #622; weighted average accepted yield falls to 2.11%; coverage ratio down to 2.14x
7th Dec 17, 4:07pm
by
The results from the latest inflation-indexed bond offer by the Treasury's Debt Management Office have been released. The details are shown below.
| 2.50% - 20 September 2040 | Today #622 | Previous #619 | Previous #614 | Previous #611 |
Previous #608 |
| Series offered | tender Dec 7, 2017 |
tender Nov 10, 2017 |
tender Sep 14, 2017 |
tender Aug. 11, 2017 |
tender Jul. 13, 2017 |
| Total Amount Offered ($mln) | 100 | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($mln) | 100 | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 41 | 43 | 33 | 45 | 38 |
| Total Amount of Bids Received ($mln) | 214 | 301 | 223 | 332 | 155 |
| Total Number of Successful Bids | 28 | 4 | 13 | 16 | 26 |
| Highest Yield Accepted (%) | 2.1300 | 2.1700 | 2.3700 | 2.3750 | 2.3450 |
| Lowest Yield Accepted (%) | 2.0600 | 2.1400 | 2.3400 | 2.3400 | 2.3000 |
| Highest Yield Rejected (%) | 2.2150 | 2.2900 | 2.4400 | 2.5100 | 2.5200 |
| Lowest Yield Rejected (%) | 2.1300 | 2.1800 | 2.3700 | 2.3750 | 2.3450 |
| Weighted Average Accepted Yield (%) | 2.1110 | 2.1550 | 2.3560 | 2.3586 | 2.3284 |
| Weighted Average Rejected Yield (%) | 2.1570 | 2.2163 | 2.3902 | 2.4212 | 2.3791 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 42.1 | 100.0 | 88.0 | 44.4 | 58.8 |
| Coverage Ratio | 2.1400 | 3.0100 | 2.2300 | 3.3200 | 1.5500 |
*Individual allotments may vary due to rounding.
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