Futures edged higher on the back of....>

AUSSIE BONDS: Futures edged higher on the back of the aforementioned risk-off

flows, although 10s underperformed U.S. Tsys, as the AU/U.S. 10-Year spread

widened by ~2.0bp. YM finished +1.0, with XM +1.5. Worth highlighting that a

Brisbane man is being tested for the Coronavirus that has spooked markets. Bills

shut +1-2 ticks through the reds.

- The AOFM published a note titled "The Australian Government Securities

investor base," available via the following link:

- https://tinyurl.com/r96qv47

- Today saw BNG launch a tap of its 2029 A$ line at ASW +51bp, CIBC launched a

minimum A$200mn round of 1-Year FRN at 3-Month BBSW ~+40bp, Newcastle Permanent

Building Society priced A$225mn worth of new 5-Year A$ FRN at 3-Month BBSW

+112bp & the EIB priced a A$150mn tap of its 2028 climate awareness bond at ASW

+42bp.

- Focus tomorrow moves to the auction of A$3.5bn of the new ACGB 1.25% May 2032,

desk notes that we have seen hold price estimates of EFP +7.0-9.5bp. Local

Westpac consumer confidence & skilled vacancies data is also due on Wednesday.