Just one investor buys entire A$2B of 2030 govt bond at tender

By Sophia Rodrigues

Published On 30 Sep 2020 , 11:20 AM

One bidder got the entire A$2.0 billion of the 1% December 2030 government bond at the tender today. The yield was 0.85% compared to weighted average bid of 0.8608% from 52 bids. The tender was subscribed 4.12 times.

This is only the second time a tender amount as big as A$2.0 billion was taken by a single bid. The previous such occasion was at July 22 tender when the entire A$2.0 billion of 2.75% November 2029 bond was bought by one bidder.

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