Little to pen for the space as bond....>

AUSSIE BONDS: Little to pen for the space as bond futures stick well within

Friday's ranges, with YM +1.0 tick and XM +2.0 ticks at writing, leaving the

curve flatter at the margin.

- Bills trade 1 tick lower to 1 tick higher through the reds. RBA repo

operations saw A$200mn of 16-day ops dealt at an average of 1.308%, A$1.02bn of

25-day ops dealt at an average of 1.288% & A$1.465bn of 36-day ops dealt at an

average of 1.269%.

- Looking ahead, RBA's Kent will speak on Tuesday, while RBA Governor Lowe is

set to speak on Thursday in a speech titled "Inflation Targeting and Economic

Welfare."

- Lower tier data is evident throughout the week, with job vacancies data

providing the highlight.

- There will be no ACGB issuance from the AOFM this week, leaving the focus on

semis. The Northern Territory Treasury Corporation has launched a new 2.00% AUD

benchmark bond due 21 May 2029, which should price tomorrow.