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The broader risk-on flows allow the....>

AUSSIE BONDS: The broader risk-on flows allow the curve to steepen further in
early Sydney trade, with YM -0.5 and XM -4.5.
- Corporate issuance saw CIBC launch 3-Year fixed and/or FRN this morning, which
will be today's business. We also saw Aurizon execute A$1.3bn worth of debt
- Bills unchanged to -1 through the reds.
- Today's local docket sees the release of outdated Q1 GDP data, building
approvals and A$2.0bn worth of ACGB 5.50% 21 April 2023 supply.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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