Tender 83

Tender Date:: 12 Aug 2021
Results: From 2.15pm
Settlement Date: 16 Aug 2021

LGFA Bonds Issued

Coupon Rate: 5.50%
Offered: 15 Apr 2023
Total Amount Offered: $90million
Total Amount Allocated: $90million
Total Number of Bids Received: 9
Total Amount of Bids Received: $240million
Total Number of Successful Bids: 2
Highest Yield Accepted: 1.280%
Lowest Yield Accepted: 1.280%
Highest Yield Rejected: 1.345%
Lowest Yield Rejected: 1.280%
Weighted Average Accepted Yield: 1.280%
Weighted Average Rejected Yield: 1.293%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 54.5
Coverage Ratio: 2.6667

Coupon Rate: 2.75%
Offered: 15 Apr 2025
Total Amount Offered: $50million
Total Amount Allocated: $50million
Total Number of Bids Received: 9
Total Amount of Bids Received: $86million
Total Number of Successful Bids: 1
Highest Yield Accepted: 1.615%
Lowest Yield Accepted: 1.615%
Highest Yield Rejected: 1.665%
Lowest Yield Rejected: 1.640%
Weighted Average Accepted Yield: 1.615%
Weighted Average Rejected Yield: 1.656%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 1.7200

Coupon Rate: 4.50%
Offered: 15 Apr 2027
Total Amount Offered: $50million
Total Amount Allocated: $45million
Total Number of Bids Received: 12
Total Amount of Bids Received: $45million
Total Number of Successful Bids: 12
Highest Yield Accepted: 1.930%
Lowest Yield Accepted: 1.850%
Highest Yield Rejected
Lowest Yield Rejected
Weighted Average Accepted Yield: 1.870%
Weighted Average Rejected Yield
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 100.0
Coverage Ratio: 0.9000

Coupon Rate: 2.25%
Offered: 15 May 2031
Total Amount Offered: $80million
Total Amount Allocated: $80million
Total Number of Bids Received: 16
Total Amount of Bids Received: $110million
Total Number of Successful Bids: 11
Highest Yield Accepted: 2.220%
Lowest Yield Accepted: 2.170%
Highest Yield Rejected: 2.300%
Lowest Yield Rejected: 2.220%
Weighted Average Accepted Yield: 2.190%
Weighted Average Rejected Yield: 2.246%
Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield: 18.2
Coverage Ratio: 1.3750

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.