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ACGB Apr-33 Supply Goes Well

AUSSIE BONDS

ACGB Apr-33 supply goes well, with the weighted average yield printing 1.32bp through prevailing mids (per Yieldbroker), with the cover ratio comfortably topping 4.00x. The micro-RV on offer, coupled with benchmark 10-Year status, well the likely facilitators of demand. XM futures and the line itself have richened at the margins in post-auction trade.

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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