Bonds
LGFA Bond Tender Number 63; weighted average accepted yield was 2.46%; coverage ratio was 2.54x
7th May 19, 2:09pm
by
The LGFA has announced the results of LGFA Bond tender number 63 held on 7 May 2019.
Tender Date: Wednesday, 7 May 2019
Bids close: 2.00pm
Results: From 2.15pm
Settlement Date: Friday, 10 May 2019
| Today | Previous (12 Feb 2019) | Previous (12 Dec 2018) | |||||||||
| Series Offered |
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 | 4.50% 15 Apr 2027 | 3.50% 14 Apr 2033 | 6.00% 15 May 2021 | 2.75% 14 Apr 2022 | 2.75% 15 Apr 2025 | 4.50% 15 Apr 2027 |
| Total Amount Offered ($million) | 50 | 50 | 60 | 70 | 50 | 40 | 30 | 30 | 60 | 60 | 40 |
| Total Amount Allocated ($million) | 50 | 50 | 60 | 70 | 50 | 40 | 30 | 30 | 60 | 60 | 40 |
| Total Number of Bids Received | 11 | 23 | 27 | 16 | 21 | 20 | 19 | 12 | 16 | 17 | 21 |
| Total Amount of Bids Received ($million) | 93 | 189 | 125 | 170 | 267 | 180 | 125 | 95 | 106 | 134 | 86 |
| Total Number of Successful Bids | 1 | 1 | 8 | 4 | 8 | 3 | 4 | 1 | 6 | 7 | 10 |
| Highest Yield Accepted (%) | 1.845 | 2.290 | 3.145 | 2.075 | 2.520 | 2.820 | 3.455 | 2.255 | 2.425 | 2.955 | 3.230 |
| Lowest Yield Accepted (%) | 1.845 | 2.290 | 3.115 | 2.065 | 2.500 | 2.820 | 3.440 | 2.255 | 2.405 | 2.930 | 3.200 |
| Highest Yield Rejected (%) | 1.940 | 2.450 | 3.320 | 2.120 | 2.580 | 2.870 | 3.570 | 2.315 | 2.520 | 3.030 | 3.335 |
| Lowest Yield Rejected (%) | 1.860 | 2.300 | 3.145 | 2.075 | 2.520 | 2.820 | 3.455 | 2.260 | 2.425 | 2.955 | 3.240 |
| Weighted Average Accepted Yield (%) | 1.8450 | 2.2900 | 3.1268 | 2.0729 | 2.5113 | 2.8200 | 3.4483 | 2.2550 | 2.4142 | 2.9492 | 3.2174 |
| Weighted Average Rejected Yield (%) | 1.8914 | 2.3312 | 3.1898 | 2.0906 | 2.5288 | 2.8380 | 3.4708 | 2.2745 | 2.4615 | 2.9718 | 3.2653 |
| Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield* | 100.0 | 100.0 | 20.0 | 62.5 | 16.9 | 61.5 | 15.9 | 100.0 | 50.0 | 51.7 | 100.0 |
| Coverage Ratio | 1.8600 | 3.7800 | 2.0833 | 2.4286 | 5.3400 | 4.5000 | 4.1667 | 3.1667 | 1.7667 | 2.2333 | 2.1500 |
*Individual allotments may vary due to rounding.
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