Trial now
JGBS

Futures Below Initial Tech Support

US EURODLR FUTURES

EDZ2 Lifted

FOREX

Mild Risk-On Feel Continues To Linger

JGBS

Heavy

JAPAN DATA

Japan Aug CPI 0.0% Y/Y; Accommodation Surge

US TSYS

Tight Start

AUSSIE BONDS
AUSSIE BONDS: The Australian Office of Financial Management (AOFM) will today
sell A$1.0bn of the 2.50% 21 May 2030 Bond, issue #TB155.
- The line was last sold on December 12 for A$1.0bn. The sale drew an average
yield of 2.4958%, a high yield of 2.4975% and was covered 2.830x. There were 36
bidders, 15 of which were successful and 8 were allocated in full. Amount
allotted at highest accepted yield as percentage of amount bid at that yield was
88.7%.
- The line has A$11.0bn outstanding with a modified duration of 9.82 years.
- The bond does not constitute part of the deliverable basket for XMH9.
- The line's yield has operated in a ~30bp range in the time since the most
recent auction, last sitting ~12bp off of the bottom of that range at 2.3282%.
- The line looks a little rich against the nearby basket constituents (on both
ASW & Z-spread terms), and will be the next Bond to move into the XM deliverable
basket.
- Results due at 0000GMT/1100AEDT.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com