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Aussie Bills Weekly Update - Funding...>

AUSSIE BONDS
AUSSIE BONDS: Aussie Bills Weekly Update
- Funding matters continue to shape the front end of the Bill strip, with YtD
highs (in terms of rates) printed in the RBA's repo ops, back up to 2.116% for
35-Day operations as of Friday. The whites and reds finished the week 1 tick
lower as a result, with IRH9/H0 trading in familiar territory.
- There was little in the way of domestic risk events to shape Aussie FI this
week, with more of a focus on the global risk backdrop.
- Friday saw decent enough activity noted in the IB space after Thursday's large
buyer (>20K) of IBG9 at 98.515, with 98.510 trading Friday.
- Focus now turns to the domestic labour market report on Thursday, as well as
China's 2018 GDP print, due Monday. N.B. China revised its 2017 GDP growth to
6.8% from 6.9$ ahead of Monday's print.
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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