Free Trial

The Australian Office of Financial.....>

AUSSIE BONDS
AUSSIE BONDS: The Australian Office of Financial Management (AOFM) will today
sell A$900mln 2.75% Nov 2027 bonds, issue #TB148, the line is part of the
underlying basket of 10-Year future.
- The paper was last sold on August 9 for A$900mln, the sale drew 2.6312%,
covered 3.04x. In the secondary market the issue yields 2.615%, down 6bp on the
day.
- The line currently has A$24.0bln outstanding with a modified duration of 8.80
years.
- Aussie bonds have risen today in tandem with US tsys; domestic Q2 GDP data
coming up at 0230BST/1130AEST today, which is expected to be strong, could
impact demand at the auction.
- Results of the auction due at 0200BST/1100AEST.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.