Free Trial

Looking Through AOFM Issuance Slate

AUSSIE BONDS

Nothing in the way of wider market reaction when it comes to the release of the weekly AOFM issuance slate, with 3 rounds of coupon supply due next week for a total of A$1.8bn. The weighting of the issuance leaves the market with the task of absorbing DV01 of A$1.19mn across the ACGB auctions, a slight uptick from the norm, but nothing in the way of unheard levels. YM +2.5 & XM +3.5, with the 10-Year point outperforming on the cash ACGB curve. EFPs run little changed to a touch wider on the day, with the 3-/10-Year box flattening.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.