Little in the way of notable impact....>

AUSSIE BONDS: Little in the way of notable impact in the space on the back of

the latest RBA MonPol decision. The Bank left its cash rate unchanged at 1.5%,

with little, if any notable

tweaks to the language employed in the statement, as the Bank tipped its hat to

the potential for slower growth (as it retained its central scenario),

reiterating its faith in the tightening labour market.

- The latest round of GDP partials have done little to alleviate worry heading

into tomorrow's GDP print and supported the space in early trade.

- Bond futures deal around session highs, YM last trades 3.0 ticks higher, with

XM 3.5 ticks better off on the day. YM/XM deals at 48.0, while the cash

equivalent trades at 48.9bp.

- Commerzbank has mandated banks for potential 5-Year A$ issuance.

- Bills trade 3 ticks lower to 2 ticks higher through the reds (IRH9

underperforms ahead of expiry later this week). A$1.58bn worth of 10-Day RBA

repo ops were dealt at an average of 1.795%.

- Focus tomorrow turns to an address from RBA Governor Lowe & Aussie GDP data.