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Aussie bond futures failed to break....>

AUSSIE BONDS: Aussie bond futures failed to break their SYCOM highs and settled
back from best levels in what proved to be a fairly limited Thursday session for
the Asia-Pac region.
- YM finished +2.5, with XM +3.0. Curve finished off flats, 0.5 tick lower at
- The latest round of local home loans data was stronger than expected, and also
saw a marginal positive revision to the prior reading.
- On the issuance front we saw IFC price a A$50mn tap of its 2029 line at ASW
- Bills were unchanged to 1 tick higher through the reds.
- Focus tomorrow turns to the AOFM's weekly issuance schedule, which will
contain further details on next week's planned launch of the new ACGB 21 May
2032. Worth remembering that monthly Chinese activity data & Q4 GDP will provide
some interest during Friday's Sydney session.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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