Tender 107

Tender Date:: 1 May 2024
Results: From 2.05pm
Settlement Date: 6 May 2024

LGFA Bonds Issued

Coupon Rate: 4.50%
Offered: 15 May 2030
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 15
Total Amount of Bids Received: $215million
Total Number of Successful Bids: 3
Highest Yield Accepted: 5.170%
Lowest Yield Accepted: 5.155%
Highest Yield Rejected: 5.255%
Lowest Yield Rejected: 5.175%
Weighted Average Accepted Yield: 5.160%
Weighted Average Rejected Yield: 5.208%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 4.3040

Coupon Rate: 3.50%
Offered: 14 Apr 2033
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 20
Total Amount of Bids Received: $202million
Total Number of Successful Bids: 4
Highest Yield Accepted: 5.395%
Lowest Yield Accepted: 5.375%
Highest Yield Rejected: 5.480%
Lowest Yield Rejected: 5.395%
Weighted Average Accepted Yield: 5.381%
Weighted Average Rejected Yield: 5.437%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 50.0
Coverage Ratio: 4.0400

Coupon Rate: 3.00%
Offered: 15 May 2035
Total Amount Offered: $40million
Total Amount Allocated: $40million
Total Number of Bids Received: 14
Total Amount of Bids Received: $118million
Total Number of Successful Bids: 3
Highest Yield Accepted: 5.540%
Lowest Yield Accepted: 5.530%
Highest Yield Rejected: 5.670%
Lowest Yield Rejected: 5.540%
Weighted Average Accepted Yield: 5.536%
Weighted Average Rejected Yield: 5.584%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 75.0
Coverage Ratio: 2.9525

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: $130million
Total Number of Successful Bids: 5
Highest Yield Accepted: 5.680%
Lowest Yield Accepted: 5.655%
Highest Yield Rejected: 5.800%
Lowest Yield Rejected: 5.685%
Weighted Average Accepted Yield: 5.668%
Weighted Average Rejected Yield: 5.725%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 2.6020

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.