$600m | April 2020s and November 2020s
The Australian Office of Financial Management (AOFM) will hold a tender for the repurchase of two outstanding Treasury Bond lines on Wednesday, 19 June 2019. The total tender size will be $600 million, with the volume to be repurchased of each Treasury Bond line subject to a maximum*. Details of the tender are set out below.
| Total Tender Size ($million) | 600 | |
|---|---|---|
| Series to be Repurchased | 4.50% 15 April 2020 | 1.75% 21 November 2020 |
| Series Number | TB126 | TB146 |
| ISIN | AU3TB0000036 | AU000XCLWAN8 |
| Maximum Volume of Series to be repurchased - Subject to Total Tender Size ($million) | 550 | 550 |
| First Coupon Payment Due | 15 October 2019 | 21 November 2019 |
| First Coupon Payment Amount (per $100 face value) | $2.250 | $0.875 |
*If there are insufficient offers at yields the AOFM judges to be acceptable, a lower amount of Treasury Bonds may be repurchased.
Lodgment of Offers
Offers may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via Yieldbroker DEBTS, between 10.00 am and 10.10 am Australian Eastern Standard Time on Wednesday, 19 June 2019. All bids must comply with the Information Memorandum for Treasury Bonds (PDF) dated 3 October 2017.
Announcement of Results
The results of the tender are expected to be announced as soon as practicable after the closing time for the lodgment of offers.
Settlement Arrangements
Successful offers for Treasury Bonds repurchased in the tender must be settled in the Austraclear System on Friday, 21 June 2019.
