Tender 27

Tender Date:: 11 Mar 2015
Results: From 2.00pm
Settlement Date: 16 Mar 2015

LGFA Bonds Issued

Coupon Rate: 3.00%
Offered: 15 Apr 2020
Total Amount Offered: $20million
Total Amount Allocated: $20million
Total Number of Bids Received: 8
Total Amount of Bids Received: $25million
Total Number of Successful Bids: 7
Highest Yield Accepted: 3.870%
Lowest Yield Accepted: 3.830%
Highest Yield Rejected: 4.000%
Lowest Yield Rejected: 4.000%
Weighted Average Accepted Yield: 3.846%
Weighted Average Rejected Yield: 4.000%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 1.2500

Coupon Rate: 6.00%
Offered: 15 May 2021
Total Amount Offered: $30million
Total Amount Allocated: $30million
Total Number of Bids Received: 8
Total Amount of Bids Received: $41million
Total Number of Successful Bids: 6
Highest Yield Accepted: 3.920%
Lowest Yield Accepted: 3.880%
Highest Yield Rejected: 3.960%
Lowest Yield Rejected: 3.920%
Weighted Average Accepted Yield: 3.893%
Weighted Average Rejected Yield: 3.943%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 80.0
Coverage Ratio: 1.3667

Coupon Rate: 5.50%
Offered: 15 Apr 2023
Total Amount Offered: $10million
Total Amount Allocated: $10million
Total Number of Bids Received: 6
Total Amount of Bids Received: $50million
Total Number of Successful Bids: 1
Highest Yield Accepted: 3.980%
Lowest Yield Accepted: 3.980%
Highest Yield Rejected: 4.070%
Lowest Yield Rejected: 3.980%
Weighted Average Accepted Yield: 3.980%
Weighted Average Rejected Yield: 4.005%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 50.0
Coverage Ratio: 5.0000

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $100million
Total Amount Allocated: $100million
Total Number of Bids Received: 58
Total Amount of Bids Received: $344million
Total Number of Successful Bids: 22
Highest Yield Accepted: 4.205%
Lowest Yield Accepted: 4.125%
Highest Yield Rejected: 4.400%
Lowest Yield Rejected: 4.105%
Weighted Average Accepted Yield: 4.183%
Weighted Average Rejected Yield: 4.270%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 56.5
Coverage Ratio: 3.4400

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.