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Bond futures have ticked off of........>

AUSSIE BONDS
AUSSIE BONDS: Bond futures have ticked off of their early lows early following
Tsys lower and SYCOM and being pressured by BBG & WSJ reports pointing to the
U.S. & China nearing a trade deal.
- YM last trades -3.5 ticks with XM -5.0 ticks. YM/XM trades at 49.0, with the
cash equivalent at 49.3bp.
- Bills are trading unchanged to 5 ticks lower through the reds. 3-Month BBSW
fixed ~1.0bp higher today. RBA repo ops saw $A743mn worth of 9-day ops dealt at
an average of 1.0789%, with A$1.466bn worth of 70-day ops dealt at an average of
2.033%.
- The auction of a non-basket ACGB was largely ignored.
- NHFIC has mandated for an A$ bond roadshow.
- Focus now turns to the release of GDP partials at the bottom of the hour.
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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