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AUCTION PREVIEW: The Australian Office of Financial Management (AOFM) will today sell A$150mn of the 2.50% 20 September 2030 I/L Bond, issue #CAIN408. The line was last sold on 26 May 2020 for A$100mn. The sale drew an average yield of 0.0094%, at a high yield of 0.0150% and was covered 4.1400x. There were 48 bidders, 12 of which were successful and 8 were allocated in full. Amount allotted at highest yield as percentage of amount bid at that yield was 71.4%.
- Results due at 0200BST/1100AEST.