Tender 99

Tender Date:: 7 Jun 2023
Results: From 2.15pm
Settlement Date: 12 Jun 2023

LGFA Bonds Issued

Coupon Rate: 1.50%
Offered: 15 Apr 2026
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 11
Total Amount of Bids Received: $163million
Total Number of Successful Bids: 4
Highest Yield Accepted: 5.020%
Lowest Yield Accepted: 5.010%
Highest Yield Rejected: 5.560%
Lowest Yield Rejected: 5.020%
Weighted Average Accepted Yield: 5.018%
Weighted Average Rejected Yield: 5.038%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 43.8
Coverage Ratio: 3.2530

Coupon Rate: 2.25%
Offered: 15 May 2028
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 15
Total Amount of Bids Received: $145million
Total Number of Successful Bids: 7
Highest Yield Accepted: 4.910%
Lowest Yield Accepted: 4.880%
Highest Yield Rejected: 4.985%
Lowest Yield Rejected: 4.910%
Weighted Average Accepted Yield: 4.897%
Weighted Average Rejected Yield: 4.936%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 50.0
Coverage Ratio: 2.9000

Coupon Rate: 1.50%
Offered: 20 Apr 2029
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 17
Total Amount of Bids Received: $200million
Total Number of Successful Bids: 6
Highest Yield Accepted: 4.920%
Lowest Yield Accepted: 4.910%
Highest Yield Rejected: 5.035%
Lowest Yield Rejected: 4.920%
Weighted Average Accepted Yield: 4.917%
Weighted Average Rejected Yield: 4.945%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 53.8
Coverage Ratio: 4.0000

Coupon Rate: 3.00%
Offered: 15 May 2035
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: 11
Highest Yield Accepted: 5.265%
Lowest Yield Accepted: 5.205%
Highest Yield Rejected: 5.355%
Lowest Yield Rejected: 5.265%
Weighted Average Accepted Yield: 5.226%
Weighted Average Rejected Yield: 5.304%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 19.0
Coverage Ratio: 1.8810

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.