Bonds
September 2040 Government inflation-linked tender #678; weighted average accepted yield was 1.27%; coverage ratio was 1.62x
2nd May 19, 2:13pm
by
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 #678 | Previous #675 | Previous #671 | Previous #667 | Previous #662 | Previous #657 | Previous #634 | |
| Series offered | tender May 2, 2018 | tender Apr 4, 2018 | tender Mar 7, 2018 | tender Feb 7, 2018 | tender Dec 6, 2018 | tender Nov 9, 2018 | tender May 3, 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 | 29 | 36 | 30 | 35 | 43 | 39 | 47 | |
| Total Amount of Bids Received ($mln) | 162 | 203 | 197 | 217 | 294 | 267 | 229 | |
| Total Number of Successful Bids | 16 | 24 | 18 | 18 | 9 | 13 | 17 | |
| Highest Yield Accepted (%) | 1.2750 | 1.3450 | 1.4700 | 1.5000 | 1.7250 | 1.7100 | 2.1550 | |
| Lowest Yield Accepted (%) | 1.2600 | 1.3050 | 1.4350 | 1.4650 | 1.7200 | 1.6900 | 2.1300 | |
| Highest Yield Rejected (%) | 1.3150 | 1.4500 | 1.5550 | 1.5700 | 1.7800 | 1.7700 | 2.2300 | |
| Lowest Yield Rejected (%) | 1.2750 | 1.3450 | 1.4700 | 1.5000 | 1.7250 | 1.7100 | 2.1550 | |
| Weighted Average Accepted Yield (%) | 1.2695 | 1.3324 | 1.4476 | 1.4902 | 1.7244 | 1.6952 | 2.1452 | |
| Weighted Average Rejected Yield (%) | 1.2856 | 1.3704 | 1.5102 | 1.5304 | 1.7416 | 1.7240 | 2.1837 | |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 77.8 | 44.0 | 40.0 | 16.0 | 82.9 | 31.1 | 66.7 | |
| Coverage Ratio | 1.6200 | 2.0300 | 1.9700 | 2.1700 | 2.9400 | 2.6700 | 2.2900 |
*Individual allotments may vary due to rounding.
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