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ACGB Syndication Still Headlines

AUSSIE BONDS

The curve holds steeper in early Sydney trade, with YM -0.5 and XM -4.0, as the latter hovers just above the SYCOM lows.

  • Wednesday will see local focus fall on the pricing of the new ACGB Nov '31 syndication, with Q2 completed construction work data also due.
  • Bills unchanged to -1 through the reds.
  • Corporate issuance has seen Aurizon launch 10-Year senior unsecured paper, while Korea Expressway is set to price 3-Year A$ fixed and/or floating paper 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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