-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessAUCTION PREVIEW: ACGB Nov-24 Supply Due
The Australian Office of Financial Management (AOFM) will today sell A$1.0bn of the 0.25% 21 November 2024 Bond, issue #TB159. The line was last sold on 27 August 2021 for A$1.0bn. The sale drew an average yield of 0.2599%, at a high yield of 0.2625% and was covered 4.7850x. There were 52 bidders, 20 of which were successful and 11 were allocated in full. Amount allotted at highest yield as percentage of amount bid at that yield was 25.6%.
- The Q3 CPI print splits this week's AOFM supply and has the potential to provide some slight headwinds for demand. Nonetheless, the now familiar combination of record levels of liquidity in the domestic banking system, international relative appeal and the negative RBA-adjusted net supply dynamic should ultimately result in the smooth underwriting of the auction.
- In terms of line specifics, the recent round of ACGB Apr-24 purchases to enforce the RBA's YCT mechanism has steepened the micro curve between the 2 lines back towards the recent wides, which should provide further interest at today's auction.
- The ~A$300K DV01 on offer is more than digestible.
- Results due at 0100BST/1100AEDT.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.