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Now Richer On The Day

AUSSIE BONDS

{AU} AUSSIE BONDS: Now Richer On The Day
Little in the way of idiosyncratic news to trigger the space’s bounce from Sydney lows, with most of the move seemingly a function of the broader core FI impulse. Note the passage of hedging flows surrounding the pricing of the previously flagged NSWTC Nov-32 Sustainability bond (which was A$1.5bn in size, with pricing occurring ~45 minutes ago) has seemingly allowed XM to retest session highs. YM +1.5 & XM +2.5.

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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