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Supply Matters & COVID

AUSSIE BONDS

Narrow overnight trade left YM unchanged and XM +0.5 at the bell.

  • A$700mn of ACGB 3.25% 21 April 2025 supply and the release of the AOFM's weekly issuance slate will headline the local docket on Friday. Participants await further details on the syndication of the new 21 November 2032 Treasury Indexed Bond, which is set for next week.
  • Elsewhere, we will hear from RBA Assistant Governor Kent, who is set to address the FX Markets 2021 Conference. However, we may not get any comments on monetary policy given the topic/arena.
  • Focus will also continue to fall on the local COVID situation after yesterday's jump in new cases in both NSW & Victoria.
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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