Aussie Bond futures were seemingly.....>

AUSSIE BONDS: Aussie Bond futures were seemingly happy to hum along in ranges

after the recent tier 1 domestic data prints, with the initial bid creeping in

during SYCOM trade. Further support was drawn from Coronavirus worry in onshore

hours.

- YM & XM finished 5.0 ticks higher on the day as a result.

- Little to comment on re: idiosyncratic drivers, with most of the regional

focus falling on Tsys.

- NAB became the latest to push back their RBA easing call. Chances of a cut at

next week's meeting priced at 15%, per the IB strip.

- BNG Bank launched and priced a A$25mn tap of its 3.3% 2029 line at ASW +51bp.

- PPI & private sector credit data due tomorrow, along with the AOFM's weekly

issuance schedule, which will reveal the details of the first tap of ACGB 1.25%

21 May 2032.