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AUCTION PREVIEW: The Australian........>

AUSSIE BONDS
AUSSIE BONDS: AUCTION PREVIEW: The Australian Office of Financial Management
(AOFM) will today sell A$500mn of the 1.25% 21 May 2032 Bond, issue #TB158. The
line was last sold on 4 March 2020 for A$1.2bn. The sale drew an average yield
of 0.8185%, at a high yield of 0.8225% and was covered 2.7008x. There were 42
bidders, 28 of which were successful and 22 were allocated in full. Amount
allotted at highest yield as percentage of amount bid at that yield was 20.3%. 
- Results due at 0000GMT/1100AEDT.

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