Bonds
LGFA Bond Tender Number 55; weighted average accepted yield was 3.39%; coverage ratio was 3.41x
9th May 18, 2:20pm
by
The LGFA has announced the results of LGFA Bond tender number 55 held on 9 May 2018.
Tender Date: Wednesday, 9 May 2018
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Monday, 14 May 2018
| Today | Previous (4-4-18) | Previous (14-2-18) | ||||||
| Series Offered |
2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 3.50% 14 Apr 2033 | 2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 3.00% 15 Apr 2020 | 2.75% 15 Apr 2025 | 4.50% 15 Apr 2027 |
| Total Amount Offered ($million) | 60 | 50 | 40 | 150 | 40 | 45 | 45 | 30 |
| Total Amount Allocated ($million) | 60 | 50 | 40 | 150 | 40 | 45 | 45 | 30 |
| Total Number of Bids Received | 21 | 20 | 20 | 34 | 19 | 15 | 19 | 17 |
| Total Amount of Bids Received ($million) | 237 | 166 | 109 | 395 | 124 | 185 | 172 | 110 |
| Total Number of Successful Bids | 9 | 5 | 6 | 6 | 4 | 6 | 11 | 15 |
| Highest Yield Accepted (%) | 2.800 | 3.425 | 4.265 | 2.805 | 3.410 | 2.265 | 3.530 | 3.860 |
| Lowest Yield Accepted (%) | 2.770 | 3.410 | 4.245 | 2.775 | 3.400 | 2.250 | 3.480 | 3.845 |
| Highest Yield Rejected (%) | 2.880 | 3.540 | 4.520 | 2.970 | 3.535 | 2.305 | 3.720 | 4.065 |
| Lowest Yield Rejected (%) | 2.800 | 3.430 | 4.270 | 2.805 | 3.410 | 2.265 | 3.530 | 3.860 |
| Weighted Average Accepted Yield (%) | 2.7897 | 3.4150 | 4.2626 | 2.7864 | 3.4098 | 2.2589 | 3.5069 | 3.8554 |
| Weighted Average Rejected Yield (%) | 2.8332 | 3.4668 | 4.3389 | 2.8599 | 3.4558 | 2.2737 | 3.5626 | 3.9148 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 53.3 | 100.0 | 100.0 | 45.4 | 84.8 | 50.0 | 5.6 | 70.0 |
| Coverage Ratio | 3.9500 | 3.3200 | 2.7250 | 2.6353 | 3.0875 | 4.1000 | 3.8222 | 3.6667 |
*Individual allotments may vary due to rounding.
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