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Pricing Of New June 2054 Treasury Bond

AUSSIE BONDS

The AOFM announces that the issue by syndication of the new 4.75% 21 June 2054 Treasury Bond has been priced at a yield to maturity of 4.93 per cent. The issue size is $8 billion in face value terms.

  • There was a total of $28.6 billion of bids at the final clearing price.
  • Settlement of the issue will occur on Tuesday, 24 October 2023.
  • Barrenjoey Markets Pty Limited*; Commonwealth Bank of Australia; J.P. Morgan Securities Australia Limited; UBS AG, Australia Branch; and Westpac Banking Corporation were Joint-Lead Managers for the issue.
  • There will be no further issuance of this Treasury Bond this calendar year. The AOFM will be mindful of the performance of the bond when considering the timing of future issuance.

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