Tender 105

Tender Date:: 24 Jan 2024
Results: From 2.05pm
Settlement Date: 30 Jan 2024

LGFA Bonds Issued

Coupon Rate: 2.25%
Offered: 15 May 2028
Total Amount Offered: $40million
Total Amount Allocated: $40million
Total Number of Bids Received: 16
Total Amount of Bids Received: $133million
Total Number of Successful Bids: 3
Highest Yield Accepted: 4.920%
Lowest Yield Accepted: 4.915%
Highest Yield Rejected: 5.030%
Lowest Yield Rejected: 4.925%
Weighted Average Accepted Yield: 4.916%
Weighted Average Rejected Yield: 4.961%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 3.3250

Coupon Rate: 1.50%
Offered: 20 Apr 2029
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 16
Total Amount of Bids Received: $83million
Total Number of Successful Bids: 9
Highest Yield Accepted: 5.000%
Lowest Yield Accepted: 4.955%
Highest Yield Rejected: 5.070%
Lowest Yield Rejected: 5.000%
Weighted Average Accepted Yield: 4.984%
Weighted Average Rejected Yield: 5.029%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 83.3
Coverage Ratio: 1.6600

Coupon Rate: 2.25%
Offered: 15 May 2031
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 14
Total Amount of Bids Received: $79million
Total Number of Successful Bids: 8
Highest Yield Accepted: 5.235%
Lowest Yield Accepted: 5.150%
Highest Yield Rejected: 5.295%
Lowest Yield Rejected: 5.235%
Weighted Average Accepted Yield: 5.175%
Weighted Average Rejected Yield: 5.260%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 28.6
Coverage Ratio: 1.5800

Coupon Rate: 3.50%
Offered: 14 Apr 2033
Total Amount Offered: $40million
Total Amount Allocated: $40million
Total Number of Bids Received: 12
Total Amount of Bids Received: $59million
Total Number of Successful Bids: 7
Highest Yield Accepted: 5.380%
Lowest Yield Accepted: 5.300%
Highest Yield Rejected: 5.430%
Lowest Yield Rejected: 5.385%
Weighted Average Accepted Yield: 5.332%
Weighted Average Rejected Yield: 5.411%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 1.4750

LGFA Tender History

The LGFA publishes an MS Excel file containing the historical data for LGFA bond tenders. The MS Excel file is updated shortly after publication of the results of the latest tender.