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Aussie Bonds have edged away from......>

AUSSIE BONDS
AUSSIE BONDS: Aussie Bonds have edged away from the SYCOM lows, with one eye on
the corporate space, with AT&T's multi-tranche deal set to price today.
- The domestic 3-/10-Year yield differential has steepened a touch to ~58.0bp,
as the longer end underperforms on the back of the latest bout of risk on trade.
The AU/U.S. 10-Year yield spread is stable at ~-36.0bp.
- The Bill strip trades unchanged to a tick higher, with 3-Month BBSW fixing
~1.1bp lower today.
- The AOFM issuance schedule will provide more interest today, with focus on the
21 Feb 2050 I/L line that is set to hit via syndication next week. Estimates of
the line's size range from A$1.25-A$3.0bn (based on the sample we have
observed). Participants are also eying release of the minutes from the RBA's
latest MonPol decision, on Tuesday.
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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