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Morgan Stanley See Smaller Than Average ACGB Extension

MONTH-END EXTENSIONS

Morgan Stanley expect “the 1-Year+ ACGB index to extend by 0.027y in June, lower than an average end of June extension of 0.036y and an average month's extension of 0.074y. A total of A$10 billion of issuance will affect the extension and there are no bonds falling out of the index.”

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Morgan Stanley expect “the 1-Year+ ACGB index to extend by 0.027y in June, lower than an average end of June extension of 0.036y and an average month's extension of 0.074y. A total of A$10 billion of issuance will affect the extension and there are no bonds falling out of the index.”