Tender 71

Tender Date:: 6 May 2020
Results: From 2.15pm
Settlement Date: 11 May 2020

LGFA Bonds Issued

Coupon Rate: 2.75%
Offered: 14 Apr 2022
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 9
Total Amount of Bids Received: $195million
Total Number of Successful Bids: 3
Highest Yield Accepted: 0.375%
Lowest Yield Accepted: 0.375%
Highest Yield Rejected: 0.420%
Lowest Yield Rejected: 0.375%
Weighted Average Accepted Yield: 0.375%
Weighted Average Rejected Yield: 0.400%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 76.9
Coverage Ratio: 3.9000

Coupon Rate: 5.50%
Offered: 15 Apr 2023
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 10
Total Amount of Bids Received: $165million
Total Number of Successful Bids: 2
Highest Yield Accepted: 0.465%
Lowest Yield Accepted: 0.465%
Highest Yield Rejected: 0.520%
Lowest Yield Rejected: 0.465%
Weighted Average Accepted Yield: 0.465%
Weighted Average Rejected Yield: 0.488%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 83.3
Coverage Ratio: 3.3000

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 18
Total Amount of Bids Received: $171million
Total Number of Successful Bids: 5
Highest Yield Accepted: 0.980%
Lowest Yield Accepted: 0.970%
Highest Yield Rejected: 1.045%
Lowest Yield Rejected: 0.980%
Weighted Average Accepted Yield: 0.979%
Weighted Average Rejected Yield: 1.000%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 71.1
Coverage Ratio: 3.4100

Coupon Rate: 3.50%
Offered: 14 Apr 2033
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 19
Total Amount of Bids Received: $159million
Total Number of Successful Bids: 4
Highest Yield Accepted: 1.750%
Lowest Yield Accepted: 1.750%
Highest Yield Rejected: 1.960%
Lowest Yield Rejected: 1.750%
Weighted Average Accepted Yield: 1.750%
Weighted Average Rejected Yield: 1.863%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 78.1
Coverage Ratio: 3.1800

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.