Tender 70

Tender Date:: 11 Mar 2020
Results: From 2.15pm
Settlement Date: 16 Mar 2020

LGFA Bonds Issued

Coupon Rate: 2.75%
Offered: 14 Apr 2022
Total Amount Offered: $60million
Total Amount Allocated: $80million
Total Number of Bids Received: 10
Total Amount of Bids Received: $87million
Total Number of Successful Bids: 8
Highest Yield Accepted: 1.200%
Lowest Yield Accepted: 1.150%
Highest Yield Rejected: 1.230%
Lowest Yield Rejected: 1.210%
Weighted Average Accepted Yield: 1.187%
Weighted Average Rejected Yield: 1.224%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 1.4500

Coupon Rate: 5.50%
Offered: 15 Apr 2023
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 11
Total Amount of Bids Received: $79million
Total Number of Successful Bids: 6
Highest Yield Accepted: 1.275%
Lowest Yield Accepted: 1.200%
Highest Yield Rejected: 1.320%
Lowest Yield Rejected: 1.275%
Weighted Average Accepted Yield: 1.258%
Weighted Average Rejected Yield: 1.289%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 46.0
Coverage Ratio: 1.5700

Coupon Rate: 2.25%
Offered: 15 Apr 2024
Total Amount Offered: $50million
Total Amount Allocated: $23million
Total Number of Bids Received: 8
Total Amount of Bids Received: $28million
Total Number of Successful Bids: 7
Highest Yield Accepted: 1.380%
Lowest Yield Accepted: 1.310%
Highest Yield Rejected: 1.420%
Lowest Yield Rejected: 1.420%
Weighted Average Accepted Yield: 1.342%
Weighted Average Rejected Yield: 1.420%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 0.5600

Coupon Rate: 1.50%
Offered: 20 Apr 2029
Total Amount Offered: $40million
Total Amount Allocated: $47million
Total Number of Bids Received: 18
Total Amount of Bids Received: $70million
Total Number of Successful Bids: 13
Highest Yield Accepted: 1.960%
Lowest Yield Accepted: 1.855%
Highest Yield Rejected: 2.055%
Lowest Yield Rejected: 1.960%
Weighted Average Accepted Yield: 1.930%
Weighted Average Rejected Yield: 2.019%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 80.0
Coverage Ratio: 1.7500

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.