Tender 78

Tender Date:: 3 Feb 2021
Results: From 2.15pm
Settlement Date: 9 Feb 2021

LGFA Bonds Issued

Coupon Rate: 2.25%
Offered: 15 Apr 2024
Total Amount Offered: $60million
Total Amount Allocated: $60million
Total Number of Bids Received: 8
Total Amount of Bids Received: $120million
Total Number of Successful Bids: 5
Highest Yield Accepted: 0.645%
Lowest Yield Accepted: 0.610%
Highest Yield Rejected: 0.670%
Lowest Yield Rejected: 0.645%
Weighted Average Accepted Yield: 0.631%
Weighted Average Rejected Yield: 0.654%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 50.0
Coverage Ratio: 2.0000

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $60million
Total Amount Allocated: $60million
Total Number of Bids Received: 10
Total Amount of Bids Received: $125million
Total Number of Successful Bids: 5
Highest Yield Accepted: 1.170%
Lowest Yield Accepted: 1.115%
Highest Yield Rejected: 1.205%
Lowest Yield Rejected: 1.170%
Weighted Average Accepted Yield: 1.158%
Weighted Average Rejected Yield: 1.182%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 80.0
Coverage Ratio: 2.0833

Coupon Rate: 1.50%
Offered: 20 Apr 2029
Total Amount Offered: $40million
Total Amount Allocated: $40million
Total Number of Bids Received: 11
Total Amount of Bids Received: $73million
Total Number of Successful Bids: 7
Highest Yield Accepted: 1.505%
Lowest Yield Accepted: 1.470%
Highest Yield Rejected: 1.550%
Lowest Yield Rejected: 1.505%
Weighted Average Accepted Yield: 1.490%
Weighted Average Rejected Yield: 1.518%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 72.0
Coverage Ratio: 1.8250

Coupon Rate: 2.00%
Offered: 15 Apr 2037
Total Amount Offered: $40million
Total Amount Allocated: $40million
Total Number of Bids Received: 15
Total Amount of Bids Received: $114million
Total Number of Successful Bids: 5
Highest Yield Accepted: 2.375%
Lowest Yield Accepted: 2.355%
Highest Yield Rejected: 2.510%
Lowest Yield Rejected: 2.375%
Weighted Average Accepted Yield: 2.374%
Weighted Average Rejected Yield: 2.402%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 81.8
Coverage Ratio: 2.8500

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.