Tender 61

Tender Date:: 12 Dec 2018
Results: From 2.15pm
Settlement Date: 17 Dec 2018

LGFA Bonds Issued

Coupon Rate: 6.00%
Offered: 15 May 2021
Total Amount Offered: $30million
Total Amount Allocated: $30million
Total Number of Bids Received: 12
Total Amount of Bids Received: $95million
Total Number of Successful Bids: 1
Highest Yield Accepted: 2.255%
Lowest Yield Accepted: 2.255%
Highest Yield Rejected: 2.315%
Lowest Yield Rejected: 2.260%
Weighted Average Accepted Yield: 2.255%
Weighted Average Rejected Yield: 2.275%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 3.1667

Coupon Rate: 2.75%
Offered: 14 Apr 2022
Total Amount Offered: $60million
Total Amount Allocated: $60million
Total Number of Bids Received: 16
Total Amount of Bids Received: $106million
Total Number of Successful Bids: 6
Highest Yield Accepted: 2.425%
Lowest Yield Accepted: 2.405%
Highest Yield Rejected: 2.520%
Lowest Yield Rejected: 2.425%
Weighted Average Accepted Yield: 2.414%
Weighted Average Rejected Yield: 2.462%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 50.0
Coverage Ratio: 1.7667

Coupon Rate: 2.75%
Offered: 15 Apr 2025
Total Amount Offered: $60million
Total Amount Allocated: $60million
Total Number of Bids Received: 17
Total Amount of Bids Received: $134million
Total Number of Successful Bids: 7
Highest Yield Accepted: 2.955%
Lowest Yield Accepted: 2.930%
Highest Yield Rejected: 3.030%
Lowest Yield Rejected: 2.955%
Weighted Average Accepted Yield: 2.949%
Weighted Average Rejected Yield: 2.972%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 51.7
Coverage Ratio: 2.2333

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $40million
Total Amount Allocated: $40million
Total Number of Bids Received: 21
Total Amount of Bids Received: $86million
Total Number of Successful Bids: 10
Highest Yield Accepted: 3.230%
Lowest Yield Accepted: 3.200%
Highest Yield Rejected: 3.335%
Lowest Yield Rejected: 3.240%
Weighted Average Accepted Yield: 3.217%
Weighted Average Rejected Yield: 3.265%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 2.1500

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.