Tender 28

Tender Date:: 8 Apr 2015
Results: From 2.05pm
Settlement Date: 15 Apr 2015

LGFA Bonds Issued

Coupon Rate: 6.00%
Offered: 15 Dec 2017
Total Amount Offered: $30million
Total Amount Allocated: $30million
Total Number of Bids Received: 8
Total Amount of Bids Received: $98million
Total Number of Successful Bids: 2
Highest Yield Accepted: 3.560%
Lowest Yield Accepted: 3.650%
Highest Yield Rejected: 3.650%
Lowest Yield Rejected: 3.565%
Weighted Average Accepted Yield: 3.564%
Weighted Average Rejected Yield: 3.604%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 50.0
Coverage Ratio: 3.2667

Coupon Rate: 3.00%
Offered: 15 Apr 2020
Total Amount Offered: $25million
Total Amount Allocated: $25million
Total Number of Bids Received: 12
Total Amount of Bids Received: $104million
Total Number of Successful Bids: 3
Highest Yield Accepted: 3.675%
Lowest Yield Accepted: 3.675%
Highest Yield Rejected: 3.750%
Lowest Yield Rejected: 3.675%
Weighted Average Accepted Yield: 3.675%
Weighted Average Rejected Yield: 3.698%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 71.4
Coverage Ratio: 4.1600

Coupon Rate: 5.50%
Offered: 15 Apr 2023
Total Amount Offered: $25million
Total Amount Allocated: $25million
Total Number of Bids Received: 13
Total Amount of Bids Received: $102million
Total Number of Successful Bids: 3
Highest Yield Accepted: 3.840%
Lowest Yield Accepted: 3.810%
Highest Yield Rejected: 3.930%
Lowest Yield Rejected: 3.840%
Weighted Average Accepted Yield: 3.824%
Weighted Average Rejected Yield: 3.881%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 33.3
Coverage Ratio: 4.0800

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $110million
Total Amount Allocated: $110million
Total Number of Bids Received: 39
Total Amount of Bids Received: $243million
Total Number of Successful Bids: 21
Highest Yield Accepted: 4.070%
Lowest Yield Accepted: 3.990%
Highest Yield Rejected: 4.150%
Lowest Yield Rejected: 4.070%
Weighted Average Accepted Yield: 4.035%
Weighted Average Rejected Yield: 4.100%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 85.0
Coverage Ratio: 2.2091

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.