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The Australian Office of Financial.....>

AUSSIE BONDS
AUSSIE BONDS: The Australian Office of Financial Management (AOFM) will sell
A$500mln of 3.00% 21 March 2047 bonds on Friday, issue number TB150. This is the
first issue by tender of Aussie bonds so far in 2018, the previous sale of 2.75%
21 November 2029 on January 16 coming via syndication.
- The 2047 line was last tapped on December 11 2017 for A$500mln, the sale drew
cover of 3.23x at an average yield of 3.2948%, a high yield of 3.29% with 56.9%
of bids of high. There were 56 bids in total, 22 successful bids with 13
allocated in full.
- The line has a modified duration of 18.63 years with a total amount
outstanding of A$10.7bln.
- Results due at 0000GMT/1100AEDT.

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