Free Trial

Off Best Levels

AUSSIE BONDS

YM & XM pull back from their early Sydney peaks after the former failed to breach its overnight high. This comes amidst a wider pullback from best levels across the ACGB curve, with the major benchmarks running 5.5-13.0bp richer on the day, as the early bull steepening theme remains intact.

  • In terms of semi-issuance, NSW has mandated banks for a new Feb-35 line, which will be benchmark in size.
  • Participants look ahead to the release of the weekly AOFM issuance slate, which will cross at the top of the hour.
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.