Quiet session so far for Aussie........>

AUSSIE BONDS: Quiet session so far for Aussie bonds, market awaits the pricing

of the new syndicated 2.75% November 2029 issue. Demand is expected to be strong

for the issue, syndicated issues last year were taken down well. As it stands,

the current record for issue size is A$11bln for a November 2028 issue in

February 2017. In January 2017 the AOFM launched A$9.3bln December 2021 issue

via syndication.

- The curve is pivoting, short-end seeing some steepening with 3-/10-Year spread

at 61.2bp some 15bp wider than lows hit in December, while the 10-/30-Year

spread at 65.9bp is 15bp tighter.

- Aside from the syndicated issue later today the key for Aussie bonds will be

Labour Market data on Thursday.