Bonds
LGFA Bond Tender Number 56; weighted average accepted yield of 3.35%; coverage ratio of 2.5x
13th Jun 18, 2:22pm
by
The LGFA has announced the results of LGFA Bond tender number 56 held on 13 June 2018.
Tender Date: Wednesday, 13 June 2018
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Monday, 18 June 2018
| Today | Previous (9-5-18) | Previous (4-4-18) | |||||||
| Series Offered |
2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 4.50% 15 Apr 2027 | 3.50% 14 Apr 2033 | 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 |
| Total Amount Offered ($million) | 60 | 30 | 30 | 30 | 60 | 50 | 40 | 150 | 40 |
| Total Amount Allocated ($million) | 60 | 30 | 30 | 30 | 60 | 50 | 40 | 150 | 40 |
| Total Number of Bids Received | 13 | 11 | 9 | 9 | 21 | 20 | 20 | 34 | 19 |
| Total Amount of Bids Received ($million) | 127 | 94 | 68 | 86 | 237 | 166 | 109 | 395 | 124 |
| Total Number of Successful Bids | 3 | 4 | 1 | 1 | 9 | 5 | 6 | 6 | 4 |
| Highest Yield Accepted (%) | 2.730 | 3.440 | 3.635 | 4.235 | 2.800 | 3.425 | 4.265 | 2.805 | 3.410 |
| Lowest Yield Accepted (%) | 2.720 | 3.435 | 3.635 | 4.235 | 2.770 | 3.410 | 4.245 | 2.775 | 3.400 |
| Highest Yield Rejected (%) | 2.810 | 3.480 | 3.715 | 4.350 | 2.880 | 3.540 | 4.520 | 2.970 | 3.535 |
| Lowest Yield Rejected (%) | 2.730 | 3.440 | 3.680 | 4.250 | 2.800 | 3.430 | 4.270 | 2.805 | 3.410 |
| Weighted Average Accepted Yield (%) | 2.7233 | 3.4398 | 3.6350 | 4.2350 | 2.7897 | 3.4150 | 4.2626 | 2.7864 | 3.4098 |
| Weighted Average Rejected Yield (%) | 2.7701 | 3.4569 | 3.6905 | 4.2701 | 2.8332 | 3.4668 | 4.3389 | 2.8599 | 3.4558 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 33.3 | 78.4 | 100.0 | 100.0 | 53.3 | 100.0 | 100.0 | 45.4 | 84.8 |
| Coverage Ratio | 2.1167 | 3.1333 | 2.2667 | 2.8667 | 3.9500 | 3.3200 | 2.7250 | 2.6353 | 3.0875 |
*Individual allotments may vary due to rounding.
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