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The same STAT piece has driven some....>

AUSSIE BONDS
AUSSIE BONDS: The same STAT piece has driven some light steepening flows in
early SFE trade, and came with XM already back from SYCOM highs.
- YM -1.0, XM -3.0.
- Bills sit unchanged to 2 ticks lower through the reds, with surpluses on ES
accounts edging higher again and the overnight interbank cash rate fixing 1bp
lower at 0.15%.
- A$1.0bn worth of ACGB 1.25% 21 May 2032 supply, the weekly AOFM issuance
announcement and the RBA's ACGB purchases will garner the domestic interest
today, while broader focus will fall on Chinese GDP & economic activity data.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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