Tender 97

Tender Date:: 1 Mar 2023
Results: From 2.05pm
Settlement Date: 6 Mar 2023

LGFA Bonds Issued

Coupon Rate: 2.25%
Offered: 15 Apr 2024
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 14
Total Amount of Bids Received: $248million
Total Number of Successful Bids: 2
Highest Yield Accepted: 5.535%
Lowest Yield Accepted: 5.530%
Highest Yield Rejected: 5.680%
Lowest Yield Rejected: 5.560%
Weighted Average Accepted Yield: 5.534%
Weighted Average Rejected Yield: 5.612%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 4.9500

Coupon Rate: 1.50%
Offered: 15 Apr 2026
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 15
Total Amount of Bids Received: $150million
Total Number of Successful Bids: 1
Highest Yield Accepted: 5.300%
Lowest Yield Accepted: 5.300%
Highest Yield Rejected: 5.500%
Lowest Yield Rejected: 5.310%
Weighted Average Accepted Yield: 5.300%
Weighted Average Rejected Yield: 5.373%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 3.0000

Coupon Rate: 1.50%
Offered: 20 Apr 2029
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 20
Total Amount of Bids Received: $179million
Total Number of Successful Bids: 7
Highest Yield Accepted: 5.275%
Lowest Yield Accepted: 5.240%
Highest Yield Rejected: 5.410%
Lowest Yield Rejected: 5.275%
Weighted Average Accepted Yield: 5.256%
Weighted Average Rejected Yield: 5.306%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 17.2
Coverage Ratio: 3.5800

Coupon Rate: 2.00%
Offered: 15 Apr 2037
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 15
Total Amount of Bids Received: $75million
Total Number of Successful Bids: 10
Highest Yield Accepted: 5.530%
Lowest Yield Accepted: 5.495%
Highest Yield Rejected: 5.670%
Lowest Yield Rejected: 5.535%
Weighted Average Accepted Yield: 5.513%
Weighted Average Rejected Yield: 5.589%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 1.5000

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.