November 2032 Treasury Indexed Bond Syndication Results

The AOFM announces that "the issue by syndication of a new 0.25% 21 November 2032 Treasury Indexed Bond has been priced at a real yield to maturity of negative -0.675%. The issue size is A$3.25 billion in face value terms. There was a total of A$7.5 billion of bids at the final clearing price. Settlement of the issue will occur on Tuesday, 31 August 2021. National Australia Bank Limited; UBS AG, Australia Branch; and Westpac were Joint-Lead Managers for the issue. The AOFM will be mindful of the performance of the bond when considering the timing of future issuance."

• "In conjunction with the syndicated offer, the AOFM repurchased A$1,719.253 million (in face value terms) of the 1.25% 21 February 2022 Treasury Indexed Bond line at a real yield of -2.50%. Following settlement and cancellation of the bonds on Tuesday, 31 August 2021, the remaining volume on issue of the 1.25% 21 February 2022 Treasury Indexed Bond line will be A$5,120.853 million."