Bonds
LGFA Bond Tender Number 52; weighted average yield accepted was 3.34% and coverage ratio was up to 3.94x
13th Dec 17, 2:21pm
by
The LGFA has announced the results of LGFA Bond tender number 52 held on 13 December 2017.
Tender Date: Wednesday, 13 December 2017
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Friday, 15 December 2017
| Today | Previous (8-11-17) | Previous (4-10-17) | ||||||||
| Series Offered |
3.00% 15 Apr 2020 | 2.75% 15 Apr 2025 | 3.50% 14 Apr 2033 | 3.00% 15 Apr 2020 | 6.00% 15 May 2021 | 5.50% 15 Apr 2023 | 2.75% 15 Apr 2025 | 5.00% 15 Mar 2019 | 3.00% 15 Apr 2020 | 2.75% 15 Apr 2025 |
| Total Amount Offered ($million) | 40 | 40 | 40 | 20 | 40 | 40 | 30 | 40 | 40 | 40 |
| Total Amount Allocated ($million) | 40 | 40 | 40 | 20 | 40 | 40 | 24 | 40 | 40 | 40 |
| Total Number of Bids Received | 11 | 20 | 26 | 10 | 12 | 7 | 5 | 8 | 9 | 15 |
| Total Amount of Bids Received ($million) | 150 | 182 | 141 | 39 | 77 | 61 | 24 | 100 | 81 | 144 |
| Total Number of Successful Bids | 2 | 5 | 2 | 4 | 6 | 5 | 5 | 2 | 2 | 6 |
| Highest Yield Accepted (%) | 2.325 | 3.440 | 4.260 | 2.435 | 2.695 | 3.070 | 3.535 | 2.210 | 2.495 | 3.665 |
| Lowest Yield Accepted (%) | 2.325 | 3.435 | 4.250 | 2.410 | 2.665 | 3.050 | 3.475 | 2.210 | 2.490 | 3.655 |
| Highest Yield Rejected (%) | 2.370 | 3.655 | 4.675 | 2.510 | 2.750 | 3.110 | 0.000 | 2.275 | 2.540 | 3.720 |
| Lowest Yield Rejected (%) | 2.325 | 3.440 | 4.275 | 2.435 | 2.695 | 3.070 | 0.000 | 2.210 | 2.500 | 3.665 |
| Weighted Average Accepted Yield (%) | 2.3250 | 3.4375 | 4.2550 | 2.4324 | 2.6901 | 3.0650 | 3.5094 | 2.2100 | 2.4925 | 3.6594 |
| Weighted Average Rejected Yield (%) | 2.3470 | 3.4852 | 4.3927 | 2.4658 | 2.7112 | 3.0831 | 0.0000 | 2.2363 | 2.5194 | 3.6843 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 80.0 | 39.2 | 100.0 | 77.5 | 62.5 | 96.0 | 100.0 | 88.9 | 100.0 | 27.8 |
| Coverage Ratio | 3.7500 | 4.5500 | 3.5125 | 1.9250 | 1.9125 | 1.525 | 0.800 | 2.5000 | 2.0312 | 3.6000 |
*Individual allotments may vary due to rounding.
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