Tender 60

Tender Date:: 7 Nov 2018
Results: From 2.15pm
Settlement Date: 12 Nov 2018

LGFA Bonds Issued

Coupon Rate: 2.75%
Offered: 14 Apr 2022
Total Amount Offered: $60million
Total Amount Allocated: $60million
Total Number of Bids Received: 17
Total Amount of Bids Received: $171million
Total Number of Successful Bids: 5
Highest Yield Accepted: 2.570%
Lowest Yield Accepted: 2.555%
Highest Yield Rejected: 2.630%
Lowest Yield Rejected: 2.570%
Weighted Average Accepted Yield: 2.564%
Weighted Average Rejected Yield: 2.593%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 65.7
Coverage Ratio: 2.8500

Coupon Rate: 2.75%
Offered: 15 Apr 2025
Total Amount Offered: $60million
Total Amount Allocated: $60million
Total Number of Bids Received: 18
Total Amount of Bids Received: $175million
Total Number of Successful Bids: 8
Highest Yield Accepted: 3.170%
Lowest Yield Accepted: 3.150%
Highest Yield Rejected: 3.265%
Lowest Yield Rejected: 3.170%
Weighted Average Accepted Yield: 3.157%
Weighted Average Rejected Yield: 3.194%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 30.8
Coverage Ratio: 2.9167

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 16
Total Amount of Bids Received: $73million
Total Number of Successful Bids: 12
Highest Yield Accepted: 3.500%
Lowest Yield Accepted: 3.460%
Highest Yield Rejected: 3.545%
Lowest Yield Rejected: 3.500%
Weighted Average Accepted Yield: 3.477%
Weighted Average Rejected Yield: 3.526%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 50.0
Coverage Ratio: 1.4600

Coupon Rate: 3.50%
Offered: 14 Apr 2033
Total Amount Offered: $30million
Total Amount Allocated: $30million
Total Number of Bids Received: 12
Total Amount of Bids Received: $40million
Total Number of Successful Bids: 10
Highest Yield Accepted: 4.160%
Lowest Yield Accepted: 4.070%
Highest Yield Rejected: 4.180%
Lowest Yield Rejected: 4.170%
Weighted Average Accepted Yield: 4.120%
Weighted Average Rejected Yield: 4.175%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 1.3333

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.