Tender 36

Tender Date:: 6 Apr 2016
Results: From 2.15pm
Settlement Date: 11 Apr 2016

LGFA Bonds Issued

Coupon Rate: 3.00%
Offered: 15 Apr 2020
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 15
Total Amount of Bids Received: $182million
Total Number of Successful Bids: 2
Highest Yield Accepted: 2.775%
Lowest Yield Accepted: 2.765%
Highest Yield Rejected: 2.895%
Lowest Yield Rejected: 2.795%
Weighted Average Accepted Yield: 2.770%
Weighted Average Rejected Yield: 2.842%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 3.6400

Coupon Rate: 6.00%
Offered: 15 May 2021
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 27
Total Amount of Bids Received: $214million
Total Number of Successful Bids: 2
Highest Yield Accepted: 2.980%
Lowest Yield Accepted: 2.970%
Highest Yield Rejected: 3.100%
Lowest Yield Rejected: 2.990%
Weighted Average Accepted Yield: 2.975%
Weighted Average Rejected Yield: 3.017%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 4.2800

Coupon Rate: 5.50%
Offered: 15 Apr 2023
Total Amount Offered: $40million
Total Amount Allocated: $40million
Total Number of Bids Received: 26
Total Amount of Bids Received: $193million
Total Number of Successful Bids: 2
Highest Yield Accepted: 3.310%
Lowest Yield Accepted: 3.300%
Highest Yield Rejected: 3.430%
Lowest Yield Rejected: 3.340%
Weighted Average Accepted Yield: 3.305%
Weighted Average Rejected Yield: 3.379%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 4.8250

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $40million
Total Amount Allocated: $40million
Total Number of Bids Received: 25
Total Amount of Bids Received: $139million
Total Number of Successful Bids: 2
Highest Yield Accepted: 3.840%
Lowest Yield Accepted: 3.830%
Highest Yield Rejected: 4.000%
Lowest Yield Rejected: 3.880%
Weighted Average Accepted Yield: 3.835%
Weighted Average Rejected Yield: 3.944%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 3.4750

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.