Tender 24

Tender Date:: 5 Nov 2014
Results: From 2.15pm
Settlement Date: 10 Nov 2014

LGFA Bonds Issued

Coupon Rate: 5.00%
Offered: 15 Mar 2019
Total Amount Offered: $10million
Total Amount Allocated: $10million
Total Number of Bids Received: 6
Total Amount of Bids Received: $30million
Total Number of Successful Bids: 3
Highest Yield Accepted: 4.285%
Lowest Yield Accepted: 4.270%
Highest Yield Rejected: 4.330%
Lowest Yield Rejected: 4.285%
Weighted Average Accepted Yield: 4.282%
Weighted Average Rejected Yield: 4.311%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 50.0
Coverage Ratio: 3.0000

Coupon Rate: 3.00%
Offered: 15 Apr 2020
Total Amount Offered: $25million
Total Amount Allocated: $25million
Total Number of Bids Received: 9
Total Amount of Bids Received: $83million
Total Number of Successful Bids: 2
Highest Yield Accepted: 4.445%
Lowest Yield Accepted: 4.445%
Highest Yield Rejected: 4.580%
Lowest Yield Rejected: 4.445%
Weighted Average Accepted Yield: 4.445%
Weighted Average Rejected Yield: 4.468%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 50.0
Coverage Ratio: 3.3000

Coupon Rate: 6.00%
Offered: 15 May 2021
Total Amount Offered: $35million
Total Amount Allocated: $35million
Total Number of Bids Received: 17
Total Amount of Bids Received: $77million
Total Number of Successful Bids: 9
Highest Yield Accepted: 4.590%
Lowest Yield Accepted: 4.540%
Highest Yield Rejected: 4.750%
Lowest Yield Rejected: 4.590%
Weighted Average Accepted Yield: 4.564%
Weighted Average Rejected Yield: 4.639%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 80.0
Coverage Ratio: 2.2000

Coupon Rate: 5.50%
Offered: 15 Apr 2023
Total Amount Offered: $90million
Total Amount Allocated: $90million
Total Number of Bids Received: 43
Total Amount of Bids Received: $271million
Total Number of Successful Bids: 21
Highest Yield Accepted: 4.805%
Lowest Yield Accepted: 4.755%
Highest Yield Rejected: 4.910%
Lowest Yield Rejected: 4.805%
Weighted Average Accepted Yield: 4.784%
Weighted Average Rejected Yield: 4.861%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 80.0
Coverage Ratio: 3.0000

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.