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Aussie bond futures held a tight.......>

AUSSIE BONDS
AUSSIE BONDS: Aussie bond futures held a tight range on the final day of the
local financial year, hovering around unchanged levels at typing, with little/no
reaction to the broader economic docket and address from RBA Deputy Governor
Debelle.
- Debelle offered little to rock the boat, sticking to the recent rhetoric
provided by the RBA, as he addressed the evolution of the Bank's monetary policy
settings and balance sheet.
- Elsewhere, the latest ABS payroll data flatlined, but holds well above the
levels seen just a couple of months ago.
- Finally, the Victoria state Premier noted that 10 areas of Melbourne will be
placed into lockdown, on the back of the recent COVID-19 developments in the
city.
- Bills sit +1 to -1 through the reds.
- Building approvals data headlines the local docket tomorrow, with A$2.0bn
worth of ACGB 2.75% 21 November 2028 supply also due.
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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