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AUSSIE BONDS: AUCTION PREVIEW: ACGB Jun-35 Supply Due

AUSSIE BONDS

The Australian Office of Financial Management (AOFM) will today sell A$800mn of the 2.75% 21 June 2035 bond, issue #TB145. 

  • The line was last sold on 22 January 2025 for A$800mn.
  • The sale drew an average yield of 4.4684%, at a high yield of 4.4700% and was covered 4.0000x. There were 40 bidders, 15 of which were successful and 9 were allocated in full. The amount allotted at the highest yield as a percentage of the bid at that yield was 64.5%.
  • This week’s ACGB supply aligns with the recent average weekly issuance range of A$1500mn, with an additional A$700 million of the 2.50% 21 May 2030 bond set for issuance on Friday.
  • Results are due at 0000 GMT / 1100 AEST.
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The Australian Office of Financial Management (AOFM) will today sell A$800mn of the 2.75% 21 June 2035 bond, issue #TB145. 

  • The line was last sold on 22 January 2025 for A$800mn.
  • The sale drew an average yield of 4.4684%, at a high yield of 4.4700% and was covered 4.0000x. There were 40 bidders, 15 of which were successful and 9 were allocated in full. The amount allotted at the highest yield as a percentage of the bid at that yield was 64.5%.
  • This week’s ACGB supply aligns with the recent average weekly issuance range of A$1500mn, with an additional A$700 million of the 2.50% 21 May 2030 bond set for issuance on Friday.
  • Results are due at 0000 GMT / 1100 AEST.