From the AOFM: Gross Treasury Bond.....>

AUSSIE BONDS: From the AOFM: Gross Treasury Bond issuance in 2018-19 is expected

to be around A$70 billion. Weekly Treasury Bond tenders of around A$1 billion

each week (in addition to tenders held in conjunction with buyback tenders) will

be held for the remainder of 2017-18 and are planned for 2018-19.

- It is planned to establish new bond lines maturing in September 2023, May

2030, December 2030 and May 2041. Regular tenders will continue to underpin the

issuance program and syndication will be considered for the issue of some new

bond lines. Syndicated taps of existing long-dated bond lines will also be

considered.

- Three further tenders for the issue of Treasury Indexed Bonds (TIBs) are

planned in 2017-18.

- TIB issuance in 2018-19 is expected to be around A$5 billion (in face value

terms). Two tenders for the issue of TIBs will be conducted in most months. A

new long-dated TIB is planned to be issued.