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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
AUCTION PREVIEW: The Australian........>
AUSSIE BONDS: AUCTION PREVIEW: The Australian Office of Financial Management
(AOFM) will today sell A$1.5bn of the 5.50% 21 April 2023 Bond, issue #TB133.
The line was last sold on 24 April 2020 for A$1.5bn. The sale drew an average
yield of 0.2603%, at a high yield of 0.2625% and was covered 7.2633x. There were
57 bidders, 10 of which were successful and 4 were allocated in full. Amount
allotted at highest yield as percentage of amount bid at that yield was 91.4%.
- Given where this bond sits on the curve we should see another solid auction,
given the fact it is effectively backstopped by the RBA's YCC.
- Results due at 0200BST/1100AEST.
To read the full story
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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.