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AUCTION PREVIW: ACGB Sep '26 Tap

AUSSIE BONDS

AUSSIE BONDS AUCTION PREVIEW: The Australian Office of Financial Management (AOFM) will today sell A$1.5bn of the 0.50% 21 September 2026 Bond, issue #TB164.

  • This is the first tap of the line since its initial syndication back in September.
  • The prospects of a more traditional form of QE from the RBA, with the focus broadened to the 5-10 Year sector, should help promote takedown at today's auction, building on the stellar run of ACGB issuance.
  • The impending deployment of ASX 5-Year futures may also help demand.
  • The relatively limited size of the auction, both in outright terms and DV01, should also support takedown.
  • Results due at 0100BST/1100AEDT.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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