Tender 49

Tender Date:: 23 Aug 2017
Results: From 2.15pm
Settlement Date: 28 Aug 2017

LGFA Bonds Issued

Coupon Rate: 3.00%
Offered: 15 Apr 2020
Total Amount Offered: $30million
Total Amount Allocated: $30million
Total Number of Bids Received: 14
Total Amount of Bids Received: $116million
Total Number of Successful Bids: 4
Highest Yield Accepted: 2.485%
Lowest Yield Accepted: 2.480%
Highest Yield Rejected: 2.570%
Lowest Yield Rejected: 2.485%
Weighted Average Accepted Yield: 2.481%
Weighted Average Rejected Yield: 2.510%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 8.1
Coverage Ratio: 3.8667

Coupon Rate: 6.00%
Offered: 15 May 2021
Total Amount Offered: $30million
Total Amount Allocated: $30million
Total Number of Bids Received: 13
Total Amount of Bids Received: $107million
Total Number of Successful Bids: 2
Highest Yield Accepted: 2.765%
Lowest Yield Accepted: 2.735%
Highest Yield Rejected: 2.870%
Lowest Yield Rejected: 2.765%
Weighted Average Accepted Yield: 2.740%
Weighted Average Rejected Yield: 2.803%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 50.0
Coverage Ratio: 3.5667

Coupon Rate: 5.50%
Offered: 15 Apr 2023
Total Amount Offered: $30million
Total Amount Allocated: $39million
Total Number of Bids Received: 12
Total Amount of Bids Received: $74million
Total Number of Successful Bids: 5
Highest Yield Accepted: 3.160%
Lowest Yield Accepted: 3.140%
Highest Yield Rejected: 3.370%
Lowest Yield Rejected: 3.160%
Weighted Average Accepted Yield: 3.145%
Weighted Average Rejected Yield: 3.233%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 83.3
Coverage Ratio: 2.4667

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $20million
Total Amount Allocated: $11million
Total Number of Bids Received: 11
Total Amount of Bids Received: $30million
Total Number of Successful Bids: 6
Highest Yield Accepted: 3.780%
Lowest Yield Accepted: 3.740%
Highest Yield Rejected: 3.890%
Lowest Yield Rejected: 3.790%
Weighted Average Accepted Yield: 3.766%
Weighted Average Rejected Yield: 3.826%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 1.5000

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.