Tender 47

Tender Date:: 14 Jun 2017
Results: From 2.15pm
Settlement Date: 19 Jun 2017

LGFA Bonds Issued

Coupon Rate: 3.00%
Offered: 15 Apr 2020
Total Amount Offered: $35million
Total Amount Allocated: $35million
Total Number of Bids Received: 13
Total Amount of Bids Received: $115million
Total Number of Successful Bids: 2
Highest Yield Accepted: 2.500%
Lowest Yield Accepted: 2.480%
Highest Yield Rejected: 2.580%
Lowest Yield Rejected: 2.510%
Weighted Average Accepted Yield: 2.491%
Weighted Average Rejected Yield: 2.529%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 3.2857

Coupon Rate: 2.75%
Offered: 15 Apr 2025
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 17
Total Amount of Bids Received: $99million
Total Number of Successful Bids: 4
Highest Yield Accepted: 3.370%
Lowest Yield Accepted: 3.360%
Highest Yield Rejected: 3.450%
Lowest Yield Rejected: 3.380%
Weighted Average Accepted Yield: 3.365%
Weighted Average Rejected Yield: 3.421%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 1.9800

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $25million
Total Amount Allocated: $25million
Total Number of Bids Received: 18
Total Amount of Bids Received: $73million
Total Number of Successful Bids: 6
Highest Yield Accepted: 3.570%
Lowest Yield Accepted: 3.560%
Highest Yield Rejected: 3.670%
Lowest Yield Rejected: 3.570%
Weighted Average Accepted Yield: 3.566%
Weighted Average Rejected Yield: 3.623%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 87.5
Coverage Ratio: 2.9200

Coupon Rate: 3.50%
Offered: 14 Apr 2033
Total Amount Offered: $80million
Total Amount Allocated: $80million
Total Number of Bids Received: 19
Total Amount of Bids Received: $89million
Total Number of Successful Bids: 17
Highest Yield Accepted: 4.200%
Lowest Yield Accepted: 4.115%
Highest Yield Rejected: 4.240%
Lowest Yield Rejected: 4.200%
Weighted Average Accepted Yield: 4.152%
Weighted Average Rejected Yield: 4.223%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 80.0
Coverage Ratio: 1.1125

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.