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AOFM Launches 1.00% 21 November 2031 Treasury Bond Syndication

AUSSIE BONDS

The AOFM announces the issue by syndication of a new 1.00% 21 November 2031 Treasury Bond. The issue will be of a benchmark size. Initial price guidance for the issue is a spread of 8 to 11 basis points over the implied bid yield for the primary ten-year Treasury Bond futures contract. The issue is expected to be priced on Wednesday, 26 August 2020 and settle on Wednesday, 2 September 2020. Citigroup Global Markets Australia Pty Limited, Commonwealth Bank of Australia, UBS AG, Australia Branch and Westpac Institutional Bank will act as Joint-Lead Managers for the issue. 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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