Tender 39

Tender Date:: 20 Jul 2016
Results: From 2.15pm
Settlement Date: 25 Jul 2016

LGFA Bonds Issued

Coupon Rate: 3.00%
Offered: 15 Apr 2020
Total Amount Offered: $25million
Total Amount Allocated: $25million
Total Number of Bids Received: 7
Total Amount of Bids Received: $27million
Total Number of Successful Bids: 7
Highest Yield Accepted: 2.595%
Lowest Yield Accepted: 2.550%
Highest Yield Rejected: 2.595%
Lowest Yield Rejected: 2.595%
Weighted Average Accepted Yield: 2.581%
Weighted Average Rejected Yield: 2.595%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 70.0
Coverage Ratio: 1.0960

Coupon Rate: 2.75%
Offered: 15 Apr 2025
Total Amount Offered: $75million
Total Amount Allocated: $75million
Total Number of Bids Received: 25
Total Amount of Bids Received: $172million
Total Number of Successful Bids: 13
Highest Yield Accepted: 3.055%
Lowest Yield Accepted: 3.005%
Highest Yield Rejected: 3.190%
Lowest Yield Rejected: 3.055%
Weighted Average Accepted Yield: 3.036%
Weighted Average Rejected Yield: 3.091%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 42.8
Coverage Ratio: 2.2993

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $25million
Total Amount Allocated: $25million
Total Number of Bids Received: 16
Total Amount of Bids Received: $76million
Total Number of Successful Bids: 8
Highest Yield Accepted: 3.280%
Lowest Yield Accepted: 3.260%
Highest Yield Rejected: 3.370%
Lowest Yield Rejected: 3.280%
Weighted Average Accepted Yield: 3.271%
Weighted Average Rejected Yield: 3.307%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 33.3
Coverage Ratio: 3.0400

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.