Tender 59

Tender Date:: 3 Oct 2018
Results: From 2.15pm
Settlement Date: 8 Oct 2018

LGFA Bonds Issued

Coupon Rate: 2.75%
Offered: 14 Apr 2022
Total Amount Offered: $70million
Total Amount Allocated: $70million
Total Number of Bids Received: 9
Total Amount of Bids Received: $126million
Total Number of Successful Bids: 2
Highest Yield Accepted: 2.380%
Lowest Yield Accepted: 2.380%
Highest Yield Rejected: 2.430%
Lowest Yield Rejected: 2.380%
Weighted Average Accepted Yield: 2.380%
Weighted Average Rejected Yield: 2.393%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 70.0
Coverage Ratio: 1.8000

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: $94million
Total Number of Successful Bids: 10
Highest Yield Accepted: 2.965%
Lowest Yield Accepted: 2.935%
Highest Yield Rejected: 2.990%
Lowest Yield Rejected: 2.965%
Weighted Average Accepted Yield: 2.954%
Weighted Average Rejected Yield: 2.977%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 40.0
Coverage Ratio: 1.8800

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $40million
Total Amount Allocated: $40million
Total Number of Bids Received: 16
Total Amount of Bids Received: $107million
Total Number of Successful Bids: 4
Highest Yield Accepted: 3.265%
Lowest Yield Accepted: 3.260%
Highest Yield Rejected: 3.330%
Lowest Yield Rejected: 3.265%
Weighted Average Accepted Yield: 3.265%
Weighted Average Rejected Yield: 3.385%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 56.9
Coverage Ratio: 2.6750

Coupon Rate: 3.50%
Offered: 14 Apr 2033
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 12
Total Amount of Bids Received: $50million
Total Number of Successful Bids: 12
Highest Yield Accepted: 3.915%
Lowest Yield Accepted: 3.855%
Highest Yield Rejected: 0.000%
Lowest Yield Rejected: 0.000%
Weighted Average Accepted Yield: 3.882%
Weighted Average Rejected Yield: 0.000%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 1.0000

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.