Tender 41

Tender Date:: 5 Oct 2016
Results: From 2.15pm
Settlement Date: 10 Oct 2016

LGFA Bonds Issued

Coupon Rate: 6.00%
Offered: 15 May 2021
Total Amount Offered: $30million
Total Amount Allocated: $30million
Total Number of Bids Received: 17
Total Amount of Bids Received: $83million
Total Number of Successful Bids: 7
Highest Yield Accepted: 2.690%
Lowest Yield Accepted: 2.650%
Highest Yield Rejected: 2.780%
Lowest Yield Rejected: 2.700%
Weighted Average Accepted Yield: 2.673%
Weighted Average Rejected Yield: 2.726%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 2.7667

Coupon Rate: 5.50%
Offered: 15 Apr 2023
Total Amount Offered: $25million
Total Amount Allocated: $25million
Total Number of Bids Received: 12
Total Amount of Bids Received: $45million
Total Number of Successful Bids: 5
Highest Yield Accepted: 2.925%
Lowest Yield Accepted: 2.870%
Highest Yield Rejected: 2.970%
Lowest Yield Rejected: 2.930%
Weighted Average Accepted Yield: 2.906%
Weighted Average Rejected Yield: 2.945%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 1.8000

Coupon Rate: 2.75%
Offered: 15 Apr 2025
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 26
Total Amount of Bids Received: $122million
Total Number of Successful Bids: 12
Highest Yield Accepted: 3.200%
Lowest Yield Accepted: 3.135%
Highest Yield Rejected: 3.295%
Lowest Yield Rejected: 3.200%
Weighted Average Accepted Yield: 3.173%
Weighted Average Rejected Yield: 3.244%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 41.7
Coverage Ratio: 2.4400

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $15million
Total Amount Allocated: $15million
Total Number of Bids Received: 11
Total Amount of Bids Received: $48million
Total Number of Successful Bids: 3
Highest Yield Accepted: 3.295%
Lowest Yield Accepted: 3.280%
Highest Yield Rejected: 3.400%
Lowest Yield Rejected: 3.330%
Weighted Average Accepted Yield: 3.287%
Weighted Average Rejected Yield: 3.365%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 3.2000

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.