Aussie bond futures have been..........>

BOND SUMMARY: Aussie bond futures have been dragged higher after the elongated

holiday weekend, likely on the back of over A$4.0bn worth of ACGB coupons being

paid today. YM last trades 4.5 ticks higher, with XM up 5.0 ticks. YM/XM trades

at 51.0, with the cash equivalent at 46.7bp. Bills trade 2-5 ticks higher

through the reds. RBA repo ops saw A$500mn worth of 17-day ops dealt at an

average of 1.807%, with A$1.235bn worth of 51-day ops dealt at an average of

1.805%.

- JGB futures have stuck to a tight range, last 1 tick lower on the day at

152.54, a little above the overnight low. Cash trade has seen yields trade

marginally mixed.

- T-Notes have edged higher, alongside Aussie bonds. T-Notes last 123.01, with

10-Year cash Tsy yields last 2.576%.

- German fixed income futures trade mixed after the long weekend. Schatz +0.5

tick, Bobls -5.0 ticks, Bunds -16 ticks.