Bonds
September 2040 Government inflation-linked tender #637; weighted average accepted yield was 2.12%; coverage ratio down to 1.71x
7th Jun 18, 2:11pm
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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 #637 | Previous #634 | Previous #631 | Previous #629 | Previous #626 | Previous #622 |
| Series offered | tender Jun 7, 2018 | tender May 3, 2018 | tender Apr 5, 2018 | tender Mar 1, 2018 | tender Feb 1, 2018 | tender Dec 7, 2017 |
| Total Amount Offered ($mln) | 100 | 100 | 100 | 100 | 100 | 100 |
| Total Amount Allocated ($mln) | 100 | 100 | 100 | 100 | 100 | 100 |
| Total Number of Bids Received | 27 | 47 | 37 | 41 | 34 | 41 |
| Total Amount of Bids Received ($mln) | 171 | 229 | 184 | 203 | 189 | 214 |
| Total Number of Successful Bids | 14 | 17 | 22 | 23 | 21 | 28 |
| Highest Yield Accepted (%) | 2.1400 | 2.1550 | 2.1700 | 2.2100 | 2.0850 | 2.1300 |
| Lowest Yield Accepted (%) | 2.1100 | 2.1300 | 2.1400 | 2.1700 | 2.0400 | 2.0600 |
| Highest Yield Rejected (%) | 2.2250 | 2.2300 | 2.2200 | 2.2950 | 2.1700 | 2.2150 |
| Lowest Yield Rejected (%) | 2.1400 | 2.1550 | 2.1700 | 2.2100 | 2.0850 | 2.1300 |
| Weighted Average Accepted Yield (%) | 2.1222 | 2.1452 | 2.1584 | 2.1987 | 2.0627 | 2.1110 |
| Weighted Average Rejected Yield (%) | 2.1639 | 2.1837 | 2.1848 | 2.2383 | 2.1231 | 2.1570 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 6.2 | 66.7 | 67.6 | 28.6 | 7.1 | 42.1 |
| Coverage Ratio | 1.7100 | 2.2900 | 1.8400 | 2.0300 | 1.8900 | 2.1400 |
*Individual allotments may vary due to rounding.
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