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Fresh Bid As RBA Boosts ACGB Nov '24 - May '28 Buying

AUSSIE BONDS

A fresh leg higher for the space as the RBA doubles the "normal" size of ACGB Nov '24 to May '28 purchases to A$4.0bn, with no defence of the 3-Year yield target today (given where ACGB April '24 is trading). YM +8.5, XM +32.0.

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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