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/AUSSIE BONDS: Morgan Stanley See Smaller Than Average Extension

MONTH-END EXTENSIONS

Ahead of month-end Morgan Stanley expect “the 1y+ ACGB index to extend by 0.004y in December, lower than an average December extension of 0.044y and an average month's extension of 0.074y. A total of A$0.7 billion of issuance will impact the extension.”

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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