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NSW Treasury Corporation Benchmark Tender Results, 18 September 2009

NSW Treasury Corporation Benchmark Bond Tender Results

Release date:18 Sep 2009


On Friday 18 September 2009 TCorp tendered A$150m of the 6.0% 01/04/2019 domestic benchmark hotstock. Actual final allocation was A$148m due to rounding.
 
Bids were accepted via the dealer panel on an EFP basis.
 
Results were as follows.
 
Total Amount Allocated
$148m
Total Amount of Bids Received
$1,149m
Highest Spread Allocated
44.5
Lowest Spread Allocated
43.0
Highest Spread Allocated in Full
44.0
Weighted Average Issue Spread
44.027
Best Bid
43.0
Highest Bid
48.0
Bid to Cover Ratio
7.66
Total Amount on Issue
$4.721bn
 
Settlement will be Wednesday 23 September 2009.

For further information please contact Michael Allen, General Manager Treasury on (02) 9325-9288.

 

 


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