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Pricing Points To Smooth Enough ACGB Supply, Cover Slips

AUSSIE BONDS

Another smooth enough round of ACGB supply, at least on the pricing front, with the weighted average yield printing 0.39bp through prevailing mids (per Yieldbroker), although the cover ratio slipped just below the 3.00x marker. No reaction in the bond itself or XM futures.

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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