Bonds
September 2040 Government inflation-linked tender #671; weighted average accepted yield was 1.45%; coverage ratio was 1.97x
7th Mar 19, 2:07pm
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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 #671 | Previous #667 | Previous #662 | Previous #657 | Previous #653 | Previous #649 | Previous #629 | |
| Series offered | tender Mar 7, 2018 | tender Feb 7, 2018 | tender Dec 6, 2018 | tender Nov 9, 2018 | tender Oct 4, 2018 | tender Sep 6, 2018 | tender Mar 1, 2018 | |
| Total Amount Offered ($mln) | 100 | 100 | 100 | 100 | 100 | 100 | 100 | |
| Total Amount Allocated ($mln) | 100 | 100 | 100 | 100 | 100 | 100 | 100 | |
| Total Number of Bids Received | 30 | 35 | 43 | 39 | 40 | 47 | 41 | |
| Total Amount of Bids Received ($mln) | 197 | 217 | 294 | 267 | 365 | 263 | 203 | |
| Total Number of Successful Bids | 18 | 18 | 9 | 13 | 15 | 16 | 23 | |
| Highest Yield Accepted (%) | 1.4700 | 1.5000 | 1.7250 | 1.7100 | 1.8200 | 1.8100 | 2.2100 | |
| Lowest Yield Accepted (%) | 1.4350 | 1.4650 | 1.7200 | 1.6900 | 1.7900 | 1.7950 | 2.1700 | |
| Highest Yield Rejected (%) | 1.5550 | 1.5700 | 1.7800 | 1.7700 | 1.8700 | 1.9650 | 2.2950 | |
| Lowest Yield Rejected (%) | 1.4700 | 1.5000 | 1.7250 | 1.7100 | 1.8200 | 1.8100 | 2.2100 | |
| Weighted Average Accepted Yield (%) | 1.4476 | 1.4902 | 1.7244 | 1.6952 | 1.8114 | 1.8030 | 2.1987 | |
| Weighted Average Rejected Yield (%) | 1.5102 | 1.5304 | 1.7416 | 1.7240 | 1.8327 | 1.8366 | 2.2383 | |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 40.0 | 16.0 | 82.9 | 31.1 | 36.2 | 45.5 | 28.6 | |
| Coverage Ratio | 1.9700 | 2.1700 | 2.9400 | 2.6700 | 3.6500 | 2.6300 | 2.0300 |
*Individual allotments may vary due to rounding.
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