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AOFM Confirms ACGB '51 Syndication Details

AUSSIE BONDS

The AOFM announces that the issue by syndication of the new 1.75%
21 June 2051 Treasury Bond has been priced at a yield to maturity
of 1.94 per cent. The issue size is $15 billion in face value terms. There
was a total of $36.8 billion of bids at the final clearing price. Settlement of
the issue will occur on 5 August 2020. ANZ, Commonwealth Bank of
Australia, Deutsche Bank, J.P. Morgan Securities Australia Limited and
UBS AG, Australia Branch were Joint-Lead Managers for the issue.There
will be no further issuance of this Treasury Bond prior to November 2020.
The AOFM will be mindful of the performance of the bond when
considering the timing of future issuance.

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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