Tender 45

Tender Date:: 5 Apr 2017
Results: From 2.15pm
Settlement Date: 10 Apr 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: 15
Total Amount of Bids Received: $164million
Total Number of Successful Bids: 2
Highest Yield Accepted: 2.720%
Lowest Yield Accepted: 2.705%
Highest Yield Rejected: 2.800%
Lowest Yield Rejected: 2.720%
Weighted Average Accepted Yield: 2.715%
Weighted Average Rejected Yield: 2.756%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 66.7
Coverage Ratio: 5.4730

Coupon Rate: 5.50%
Offered: 15 Apr 2023
Total Amount Offered: $20million
Total Amount Allocated: $20million
Total Number of Bids Received: 16
Total Amount of Bids Received: $103million
Total Number of Successful Bids: 4
Highest Yield Accepted: 3.350%
Lowest Yield Accepted: 3.340%
Highest Yield Rejected: 3.415%
Lowest Yield Rejected: 3.350%
Weighted Average Accepted Yield: 3.346%
Weighted Average Rejected Yield: 3.379%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 66.7
Coverage Ratio: 5.1690

Coupon Rate: 2.75%
Offered: 15 Apr 2025
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 18
Total Amount of Bids Received: $102million
Total Number of Successful Bids: 1
Highest Yield Accepted: 3.710%
Lowest Yield Accepted: 3.710%
Highest Yield Rejected: 3.820%
Lowest Yield Rejected: 3.715%
Weighted Average Accepted Yield: 3.710%
Weighted Average Rejected Yield: 3.762%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 2.0400

Coupon Rate: 3.50%
Offered: 14 Apr 2033
Total Amount Offered: $75million
Total Amount Allocated: $75million
Total Number of Bids Received: 62
Total Amount of Bids Received: $291million
Total Number of Successful Bids: 16
Highest Yield Accepted: 4.530%
Lowest Yield Accepted: 4.460%
Highest Yield Rejected: 4.690%
Lowest Yield Rejected: 4.530%
Weighted Average Accepted Yield: 4.507%
Weighted Average Rejected Yield: 4.583%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 9.1
Coverage Ratio: 3.8800

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.