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No Reaction In Bonds To Record NSW COVID Cases

AUSSIE BONDS

YM and XM look through the record level of new daily COVID cases in NSW (633), with the former +0.5 and the latter at +1.0 at typing. The latest round of ACGB Jun '31 supply was easily digested, with the cover ratio in the mid 3s and weighted average yield printing 0.45bp through prevailing mids at the time of supply.

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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