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Aussie Bonds have had little to go.....>

AUSSIE BONDS
AUSSIE BONDS: Aussie Bonds have had little to go off in terms of idiosyncrasies,
with local data looked through as the trade war took hold of broader price
action. This has left the main bond future contracts around the middle/lower end
of their respective ranges at writing.
- YM unch., with XM -2.0, leaving YM/XM at 31.5 and the cash equivalent at
29.4bp.
- QTC priced A$2.75bn of its new 1.75% 21 August 2031 benchmark at +66.2bp over
ACGB 1.50% June 2031/+71bp over futures, effectively at the bottom of the
guidance range.
- Bills trade unchanged to 1 tick higher through the reds.
- The AOFM's weekly issuance schedule headlines tomorrow's local docket.
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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