Tender 34

Tender Date:: 9 Dec 2015
Results: From 2.15pm
Settlement Date: 14 Dec 2015

LGFA Bonds Issued

Coupon Rate: 3.00%
Offered: 15 Apr 2020
Total Amount Offered: $15million
Total Amount Allocated: $15million
Total Number of Bids Received: 15
Total Amount of Bids Received: $70million
Total Number of Successful Bids: 3
Highest Yield Accepted: 3.340%
Lowest Yield Accepted: 3.330%
Highest Yield Rejected: 3.490%
Lowest Yield Rejected: 3.340%
Weighted Average Accepted Yield: 3.331%
Weighted Average Rejected Yield: 3.382%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 20.0
Coverage Ratio: 4.6667

Coupon Rate: 6.00%
Offered: 15 May 2021
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 33
Total Amount of Bids Received: $221million
Total Number of Successful Bids: 11
Highest Yield Accepted: 3.585%
Lowest Yield Accepted: 3.540%
Highest Yield Rejected: 3.710%
Lowest Yield Rejected: 3.585%
Weighted Average Accepted Yield: 3.562%
Weighted Average Rejected Yield: 3.602%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 4.0
Coverage Ratio: 4.4200

Coupon Rate: 5.50%
Offered: 15 Apr 2023
Total Amount Offered: $15million
Total Amount Allocated: $15million
Total Number of Bids Received: 22
Total Amount of Bids Received: $69million
Total Number of Successful Bids: 1
Highest Yield Accepted: 3.900%
Lowest Yield Accepted: 3.900%
Highest Yield Rejected: 4.100%
Lowest Yield Rejected: 3.920%
Weighted Average Accepted Yield: 3.900%
Weighted Average Rejected Yield: 4.004%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 4.6000

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $25million
Total Amount Allocated: $25million
Total Number of Bids Received: 20
Total Amount of Bids Received: $101million
Total Number of Successful Bids: 3
Highest Yield Accepted: 4.395%
Lowest Yield Accepted: 4.375%
Highest Yield Rejected: 4.500%
Lowest Yield Rejected: 4.395%
Weighted Average Accepted Yield: 4.387%
Weighted Average Rejected Yield: 4.436%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 28.0
Coverage Ratio: 4.0400

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.