Tender 25

Tender Date:: 10 Dec 2014
Results: From 2.15pm
Settlement Date: 15 Dec 2014

LGFA Bonds Issued

Coupon Rate: 6.00%
Offered: 15 Dec 2017
Total Amount Offered: $15million
Total Amount Allocated: $15million
Total Number of Bids Received: 10
Total Amount of Bids Received: $75million
Total Number of Successful Bids: 3
Highest Yield Accepted: 3.980%
Lowest Yield Accepted: 3.960%
Highest Yield Rejected: 4.060%
Lowest Yield Rejected: 3.985%
Weighted Average Accepted Yield: 3.970%
Weighted Average Rejected Yield: 4.004%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 5.0000

Coupon Rate: 5.00%
Offered: 15 Mar 2019
Total Amount Offered: $20million
Total Amount Allocated: $20million
Total Number of Bids Received: 13
Total Amount of Bids Received: $82million
Total Number of Successful Bids: 3
Highest Yield Accepted: 4.160%
Lowest Yield Accepted: 4.160%
Highest Yield Rejected: 4.245%
Lowest Yield Rejected: 4.160%
Weighted Average Accepted Yield: 4.160%
Weighted Average Rejected Yield: 4.185%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 66.7
Coverage Ratio: 4.1000

Coupon Rate: 3.00%
Offered: 15 Apr 2020
Total Amount Offered: $25million
Total Amount Allocated: $25million
Total Number of Bids Received: 13
Total Amount of Bids Received: $94million
Total Number of Successful Bids: 5
Highest Yield Accepted: 4.305%
Lowest Yield Accepted: 4.300%
Highest Yield Rejected: 4.380%
Lowest Yield Rejected: 4.305%
Weighted Average Accepted Yield: 4.304%
Weighted Average Rejected Yield: 4.319%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 38.6
Coverage Ratio: 3.7600

Coupon Rate: 5.50%
Offered: 15 Apr 2023
Total Amount Offered: $75million
Total Amount Allocated: $75million
Total Number of Bids Received: 51
Total Amount of Bids Received: $333million
Total Number of Successful Bids: 8
Highest Yield Accepted: 4.605%
Lowest Yield Accepted: 4.580%
Highest Yield Rejected: 4.670%
Lowest Yield Rejected: 4.605%
Weighted Average Accepted Yield: 4.595%
Weighted Average Rejected Yield: 5.640%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 50.0
Coverage Ratio: 4.4400

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.