Bonds
LGFA Bond Tender Number 53; weighted average yield accepted was 3.13% and coverage ratio stable at 3.89x
14th Feb 18, 2:29pm
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The LGFA has announced the results of LGFA Bond tender number 53 held on 14 February 2018.
Tender Date: Wednesday, 14 February 2018
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Monday, 19 February 2018
| Today | Previous (13-12-17) | Previous (8-11-17) | ||||||||
| Series Offered |
3.00% 15 Apr 2020 | 2.75% 15 Apr 2025 | 4.50% 15 Apr 2027 | 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 |
| Total Amount Offered ($million) | 45 | 45 | 30 | 40 | 40 | 40 | 20 | 40 | 40 | 30 |
| Total Amount Allocated ($million) | 45 | 45 | 30 | 40 | 40 | 40 | 20 | 40 | 40 | 24 |
| Total Number of Bids Received | 15 | 19 | 17 | 11 | 20 | 26 | 10 | 12 | 7 | 5 |
| Total Amount of Bids Received ($million) | 185 | 172 | 110 | 150 | 182 | 141 | 39 | 77 | 61 | 24 |
| Total Number of Successful Bids | 6 | 11 | 15 | 2 | 5 | 2 | 4 | 6 | 5 | 5 |
| Highest Yield Accepted (%) | 2.265 | 3.530 | 3.860 | 2.325 | 3.440 | 4.260 | 2.435 | 2.695 | 3.070 | 3.535 |
| Lowest Yield Accepted (%) | 2.250 | 3.480 | 3.845 | 2.325 | 3.435 | 4.250 | 2.410 | 2.665 | 3.050 | 3.475 |
| Highest Yield Rejected (%) | 2.305 | 3.720 | 4.065 | 2.370 | 3.655 | 4.675 | 2.510 | 2.750 | 3.110 | 0.000 |
| Lowest Yield Rejected (%) | 2.265 | 3.530 | 3.860 | 2.325 | 3.440 | 4.275 | 2.435 | 2.695 | 3.070 | 0.000 |
| Weighted Average Accepted Yield (%) | 2.2589 | 3.5069 | 3.8554 | 2.3250 | 3.4375 | 4.2550 | 2.4324 | 2.6901 | 3.0650 | 3.5094 |
| Weighted Average Rejected Yield (%) | 2.2737 | 3.5626 | 3.9148 | 2.3470 | 3.4852 | 4.3927 | 2.4658 | 2.7112 | 3.0831 | 0.0000 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 50.0 | 5.6 | 70.0 | 80.0 | 39.2 | 100.0 | 77.5 | 62.5 | 96.0 | 100.0 |
| Coverage Ratio | 4.1000 | 3.8222 | 3.6667 | 3.7500 | 4.5500 | 3.5125 | 1.9250 | 1.9125 | 1.525 | 0.800 |
*Individual allotments may vary due to rounding.
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