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Resistance Remains Intact


Trend Needle Points North


Bearish Outlook


WTI Sees Lowest Close Since January


Key Support Remains Exposed

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AUSSIE BONDS: The Australian Office of Financial Management (AOFM) conducts its
latest buyback operations:
- A$239mn 5.75% 15 May 2021 bond #TB124 at an average yield of 0.7817%, high
yield of 0.7825%, low yield of 0.7800%, offer to cover ratio 1.803x.
- A$261mn 2.00% 21 December 2021 bond #TB151 at an average yield of 0.7525%,
high yield of 0.7525%, low yield of 0.7525%, offer to cover ratio 2.456x.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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