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NZGBS: Rally But Lag Tsys


Thursday’s Rally Consolidated In Asia


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Aussie Bond futures have turned bid....>

AUSSIE BONDS: Aussie Bond futures have turned bid in early dealing, supported by
Monday's Tsy bid after Aussie paper closed early, market awaits the cash open.
- YM/XM trades 1.5 flatter at 51.00
- No reaction to the latest CoreLogic house price release.
- Bills running unchanged to 2 ticks higher through the whites and reds.
- RBA reverse repo rates easing with A$658mn worth of 23-Day ops dealt at 2.004%
& A$1.623 worth of 89-Day ops dealt at 2.082%, rates scaling back as year-end
effect falls out.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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