Aussie bonds looked through local......>

AUSSIE BONDS: Aussie bonds looked through local data, with retail sales

marginally missing exp. & ABS vacancies falling on a 3-month basis, as the major

contracts stuck to tight ranges.

- YM last -1.5 ticks, with XM -2.0 ticks. YM/XM deals at 39.5 ticks, with the

cash equivalent at 34.6bp. - Bills trade 2-4 ticks lower through the reds, on

light volume.

- Looking to the interbank strip there was some limited activity in IBQ9, but

nothing to write home about.

- The latest round of RBA repo operations saw A$550mn worth of 11-day ops dealt

at an average of 1.255%, with A$1.185bn worth of 57-day ops dealt at an average

of 1.220%.

Focus tomorrow will fall on the AOFM's weekly issuance announcement.