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A reminder that the AOFM will be.......>

AUSSIE BONDS
AUSSIE BONDS: A reminder that the AOFM will be issuing its new ACGB 21 Dec '30
line via syndication during the week ahead. Most desk estimates that we have
seen look for a 1.00% coupon, with a fair value range of EFP +4.5-7.2bp,
although models incorporating new issuance concession look for it to be priced
as cheap as EFP +9.5bp. Most expect A$10bn+ to be issued via the syndication.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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