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The AOFM sold 2.75% 21 November 2029...>

AUSSIE BONDS
AUSSIE BONDS: The AOFM sold 2.75% 21 November 2029 bonds via syndication
yesterday. Sold total A$9.6bln at a yield of 2.86%, EFP spread +7bp.
- Bid/Cover: 2.208 (received A$21.2bln bids)
- Investor breakdown: Bank(balance sheet) - 34.9%, Bank(trading) - 26.1%, Fund
Manager - 16.6%, Hedge Fund - 14.5%, Central Bank 7.7%
- Domestic bidders took 68%, offshore 32%.
- Of the offshore bidders: Asia - 11.6%, North America - 8.0%, Europe - 5.8%, UK
- 5.9%

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