Bonds
LGFA Bond Tender Number 61; weighted average accepted yield was 2.73%; coverage ratio was 2.22x
12th Dec 18, 2:32pm
by
The LGFA has announced the results of LGFA Bond tender number 61 held on 12 December 2018.
Tender Date: Wednesday, 12 December 2018
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Monday, 17 December 2018
| Today | Previous (7-11-18) | Previous (3-10-18) | ||||||||||
| Series Offered |
6.00% 15 May 2021 | 2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 4.50% 15 Apr 2027 | 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 | 4.50% 15 Apr 2027 | 3.50% 14 Apr 2033 |
| Total Amount Offered ($million) | 30 | 60 | 60 | 40 | 60 | 60 | 50 | 30 | 70 | 50 | 40 | 50 |
| Total Amount Allocated ($million) | 30 | 60 | 60 | 40 | 60 | 60 | 50 | 30 | 70 | 50 | 40 | 50 |
| Total Number of Bids Received | 12 | 16 | 17 | 21 | 17 | 18 | 16 | 12 | 9 | 17 | 16 | 12 |
| Total Amount of Bids Received ($million) | 95 | 106 | 134 | 86 | 171 | 175 | 73 | 40 | 126 | 94 | 107 | 50 |
| Total Number of Successful Bids | 1 | 6 | 7 | 10 | 5 | 8 | 12 | 10 | 2 | 10 | 4 | 12 |
| Highest Yield Accepted (%) | 2.255 | 2.425 | 2.955 | 3.230 | 2.570 | 3.170 | 3.500 | 4.160 | 2.380 | 2.965 | 3.265 | 3.915 |
| Lowest Yield Accepted (%) | 2.255 | 2.405 | 2.930 | 3.200 | 2.555 | 3.150 | 3.460 | 4.070 | 2.380 | 2.935 | 3.260 | 3.855 |
| Highest Yield Rejected (%) | 2.315 | 2.520 | 3.030 | 3.335 | 2.630 | 3.265 | 3.545 | 4.180 | 2.430 | 2.990 | 3.330 | 0.000 |
| Lowest Yield Rejected (%) | 2.260 | 2.425 | 2.955 | 3.240 | 2.570 | 3.170 | 3.500 | 4.170 | 2.380 | 2.965 | 3.265 | 0.000 |
| Weighted Average Accepted Yield (%) | 2.2550 | 2.4142 | 2.9492 | 3.2174 | 2.5636 | 3.1572 | 3.4770 | 4.1198 | 2.3800 | 2.9536 | 3.2646 | 3.8816 |
| Weighted Average Rejected Yield (%) | 2.2745 | 2.4615 | 2.9718 | 3.2653 | 2.5928 | 3.1944 | 3.5261 | 4.1750 | 2.3928 | 2.9772 | 3.2838 | 0.0000 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.0 | 50.0 | 51.7 | 100.0 | 65.7 | 30.8 | 50 | 100 | 70.0 | 40.0 | 56.9 | 100.0 |
| Coverage Ratio | 3.1667 | 1.7667 | 2.2333 | 2.1500 | 2.8500 | 2.9167 | 1.4600 | 1.3333 | 1.8000 | 1.8800 | 2.6750 | 1.0000 |
*Individual allotments may vary due to rounding.
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