Aussie bond futures were largely.......>

AUSSIE BONDS: Aussie bond futures were largely driven by Tsys, with participants

looking through local data and a soft 10-Year ACGB auction.

- YM last +9.5, with XM +11.5, contracts failed to challenge their SYCOM highs.

Curve sits flatter on the day.

- YM/XM deals at 37.5, with the cash equivalent at 33.9bp.

- The AU/U.S. 10-Year yield spread still hovers around the -80bp level.

- On the issuance front, the AOFM noted that it will be selling A$800mn of ACGB

1.50% 21 June 2031 on Wednesday. Meanwhile, the World Bank mandated banks for

Kangaroo blockchain issuance and Lloyds priced A$700mn worth of 3-Year floating

& fixed paper at +90bp

- Bills sit 2-8 ticks higher through the reds.

- The RBA decision, due Tuesday, provides the headline risk event for the space

next week.