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Little in the way of Aussie rate.......>

AUSSIE BONDS
AUSSIE BONDS: Little in the way of Aussie rate market specifics on Monday, with
the space seemingly unreactive to the latest round of trade war related headline
flow, while there was a non-existent local docket. Focus seems to be squarely on
tomorrow's address from RBA Governor Lowe, which has a topic of "Unconventional
Monetary Policy: Some Lessons from Overseas." Also worth noting that RBA Deputy
Gov. Debelle will also speak tomorrow, on "Employment and Wages"
- YM closed unch.., XM +0.5. YM/XM closed at 35.5.
- Bills unch. to -2 ticks through the reds. There was decent selling of IRM0U0
at -0.04 through the session.
- On the corporate issuance side; IPT for Bank of Australia's 3-Year
sustainability FRN was seen at 90-93bp, while OCBC mandated banks for an
investor call re: 3-Year FRN green issuance.
- The aforementioned RBA rhetoric headlines tomorrow's local docket, with I/L
supply from the AOFM also due.
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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