The issue by syndication of a new......>

AUSSIE BONDS: The issue by syndication of a new 2.75% 21 November 2029 Treasury

Bond has been priced at a yield to maturity of 2.860 per cent. The issue size is

$9.6 billion in face value terms.

Settlement of the issue will occur on 25 January 2018.

- Citi, Commonwealth Bank of Australia, Deutsche Bank AG and UBS AG Australia

Branch were Joint-Lead Managers for the issue.

- The AOFM will be mindful of the performance of the bond when considering the

timing of future issuance.

- In conjunction with the syndicated offer, the AOFM repurchased the following

short-dated Treasury Bonds:

- $22 million of the 3.25% 21 October 2018 line at a yield of 1.69 per cent;

- $1.804 billion of the 5.25% 15 March 2019 line at a yield of 1.78 per cent; 

- $1.165 billion of the 2.75% 21 October 2019 line at a yield of 1.92 per cent