Free Trial

COVID Headlines Galore

AUSSIE BONDS

The final post-Sydney trade session of last week was limited in terms of the ranges observed for bond futures, with YM closing -0.5 and XM +1.0.

  • The weekend saw Australian PM Morrison note that the focus needs to move from COVID case numbers to hospitalisation rates. This came after NSW racked up another fresh record in terms of the daily COVID new case count and after the entire state of Victoria entered lockdown.
  • Flash Australian PMI data is due on Monday, but those releases do not usually impact the space. Elsewhere, the RBA will conduct its usual round of ACGB purchases.
  • We will also be on the lookout for the launch of the AOFM's new 21 November 2032 Treasury Indexed Bond via syndication, which will be combined with the buy back of holdings of the 1.25% 21 February 2022 Treasury Indexed Bond line.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.