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ACGB Supply Digested Easily

AUSSIE BONDS

A solid enough ACGB June 2031 auction there, with average yields stopping ~0.5bp through the prevailing mid at the time of supply (per BBG pricing) with the cover ratio comfortably above 4.5x. The auction was perhaps not as firm as some expected but was still easily digested in the grand scheme of things.

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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