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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, as AT&T's A$1.325bn multi-tranche deal priced late on, we
await details.
- The domestic 3-/10-Year yield differential sits at ~57.0bp, back from sessions
wides. The AU/U.S. 10-Year yield spread is stable at ~-37.0bp.
- The Bill strip trades unch. to 1 tick higher last, with 3-Month BBSW fixing
~1.1bp lower today and the uptick in Bonds supporting.
- Next week's AOFM issuance centres on the new 21 Feb' 2050 I/L line that is set
to hit via syndication. 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 the 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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