Tender 68

Tender Date:: 11 Dec 2019
Results: From 2.45pm
Settlement Date: 16 Dec 2019

LGFA Bonds Issued

Coupon Rate: 2.75%
Offered: 14 Apr 2022
Total Amount Offered: $40million
Total Amount Allocated: $40million
Total Number of Bids Received: 7
Total Amount of Bids Received: $54million
Total Number of Successful Bids: 1
Highest Yield Accepted: 1.470%
Lowest Yield Accepted: 1.470%
Highest Yield Rejected: 1.530%
Lowest Yield Rejected: 1.490%
Weighted Average Accepted Yield: 1.470%
Weighted Average Rejected Yield: 1.512%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 1.3500

Coupon Rate: 2.25%
Offered: 15 Apr 2024
Total Amount Offered: $30million
Total Amount Allocated: $30million
Total Number of Bids Received: 8
Total Amount of Bids Received: $63million
Total Number of Successful Bids: 1
Highest Yield Accepted: 1.680%
Lowest Yield Accepted: 1.680%
Highest Yield Rejected: 1.730%
Lowest Yield Rejected: 1.680%
Weighted Average Accepted Yield: 1.680%
Weighted Average Rejected Yield: 1.701%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 75.0
Coverage Ratio: 2.1000

Coupon Rate: 1.50%
Offered: 20 Apr 2029
Total Amount Offered: $60million
Total Amount Allocated: $60million
Total Number of Bids Received: 19
Total Amount of Bids Received: $109million
Total Number of Successful Bids: 8
Highest Yield Accepted: 2.260%
Lowest Yield Accepted: 2.220%
Highest Yield Rejected: 2.345%
Lowest Yield Rejected: 2.260%
Weighted Average Accepted Yield: 2.251%
Weighted Average Rejected Yield: 2.296%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 88.5
Coverage Ratio: 1.8167

Coupon Rate: 3.50%
Offered: 14 Apr 2033
Total Amount Offered: $35million
Total Amount Allocated: $35million
Total Number of Bids Received: 19
Total Amount of Bids Received: $76million
Total Number of Successful Bids: 11
Highest Yield Accepted: 2.555%
Lowest Yield Accepted: 2.530%
Highest Yield Rejected: 2.685%
Lowest Yield Rejected: 2.555%
Weighted Average Accepted Yield: 2.543%
Weighted Average Rejected Yield: 2.611%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 23.1
Coverage Ratio: 2.1714

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.