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A Touch Flatter

AUSSIE BONDS

Futures flattened overnight, taking their cues from U.S. Tsys, with little movement seen in early Sydney trade, leaving YM +1.0 and XM +4.0 at typing.

  • Early corporate issuance flow has seen Mercury NZ launch a 7-Year green line, while Bank of Queensland have launched 10.5-Year NC5.5 subordinated paper.
  • Monthly Westpac consumer confidence data and A$1.0bn of ACGB Jun-31 supply headline the local docket today.
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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