Tender 46

Tender Date:: 10 May 2017
Results: From 2.15pm
Settlement Date: 15 May 2017

LGFA Bonds Issued

Coupon Rate: 3.00%
Offered: 15 Apr 2020
Total Amount Offered: $35million
Total Amount Allocated: $35million
Total Number of Bids Received: 12
Total Amount of Bids Received: $167million
Total Number of Successful Bids: 1
Highest Yield Accepted: 2.720%
Lowest Yield Accepted: 2.720%
Highest Yield Rejected: 2.790%
Lowest Yield Rejected: 2.725%
Weighted Average Accepted Yield: 2.720%
Weighted Average Rejected Yield: 2.741%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 4.7786

Coupon Rate: 2.75%
Offered: 15 Apr 2025
Total Amount Offered: $35million
Total Amount Allocated: $35million
Total Number of Bids Received: 24
Total Amount of Bids Received: $215million
Total Number of Successful Bids: 3
Highest Yield Accepted: 3.710%
Lowest Yield Accepted: 3.710%
Highest Yield Rejected: 3.760%
Lowest Yield Rejected: 3.710%
Weighted Average Accepted Yield: 3.710%
Weighted Average Rejected Yield: 3.729%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 71.4
Coverage Ratio: 6.1429

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $35million
Total Amount Allocated: $35million
Total Number of Bids Received: 21
Total Amount of Bids Received: $119million
Total Number of Successful Bids: 8
Highest Yield Accepted: 3.910%
Lowest Yield Accepted: 3.885%
Highest Yield Rejected: 3.955%
Lowest Yield Rejected: 3.910%
Weighted Average Accepted Yield: 3.899%
Weighted Average Rejected Yield: 3.929%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 65.8
Coverage Ratio: 3.4044

Coupon Rate: 3.50%
Offered: 14 Apr 2033
Total Amount Offered: $60million
Total Amount Allocated: $60million
Total Number of Bids Received: 26
Total Amount of Bids Received: $141million
Total Number of Successful Bids: 11
Highest Yield Accepted: 4.425%
Lowest Yield Accepted: 4.385%
Highest Yield Rejected: 4.540%
Lowest Yield Rejected: 4.425%
Weighted Average Accepted Yield: 4.414%
Weighted Average Rejected Yield: 4.468%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 50.0
Coverage Ratio: 2.3500

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.