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The AOFM announces the issue by........>

AUSSIE BONDS
AUSSIE BONDS: The AOFM announces the issue by syndication of a new 1.00% 21
February 2050 Treasury Indexed Bond. The initial issue will be of a benchmark
size. Initial price guidance for the issue is a spread of 9 to 13 basis points
over the mid-yield of the 21 August 2040 Treasury Indexed Bond. At the present
time, this corresponds to a spread of around -150 to -146 basis points to the
implied yield for the December 2018 ten-year Treasury Bond futures contract. The
issue is expected to be priced on Tuesday, 18 September 2018 and will settle on
Tuesday, 25 September 2018. Bank of America Merrill Lynch, Citi, Deutsche Bank
AG Sydney Branch, UBS AG Australia Branch and Westpac Institutional Bank will
act as Joint-Lead Managers for the issue. The AOFM will be mindful of the
performance of the bond when considering the timing of future issuance.
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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