May 31, 2024 03:23 GMT
NZGBs Auction Results: 7yr, 10yr & 15yr
BONDS
The NZ Treasury sells 2031, 2034 & 2037 bonds.
NZ$275mn of the 1.5% 15 May 2031 bond
- Average Yield (%): 4.6725 (prev. 4.5959)
- High Yield (%): 4.6725 (prev. 4.465)
- Bid/Cover: 2.4545 (prev. 2.460)
- Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield (%): 100
- Bidders: 24 vs 29 prior, Total successful: 1 vs 15 prior, total Amount Of Bids Received: $675m vs $615m prior
NZ$175mn of the 4.25% 15 May 2034 bond
- Average Yield (%): 4.8075 (prev. 4.5684)
- High Yield (%): 4.8075 (prev. 4.5900)
- Bid/Cover: 2.60 (prev. 1.420)
- Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield (%): 87.50
- Bidders: 29 vs 25 prior, Total successful: 2 vs 22 prior, total Amount Of Bids Received: $455 vs $355m prior
NZ$50mn of the 2.75% 15 Apr 2037 bond
- Average Yield (%): 4.9342 (prev. 4.9499)
- High Yield (%): 4.94 (prev. 4.9575)
- Bid/Cover: 3.04 (prev. 2.200)
- Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield (%): 28.60
- Bidders: 14 vs 30 prior, Total successful: 4 vs 18 prior, total Amount Of Bids Received: $152, vs $165m
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