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The space continues to operate.........>

AUSSIE BONDS
AUSSIE BONDS: The space continues to operate around the SYCOM closing levels,
after following Tsys lower overnight. The domestic 3-/10-Year yield differential
and the AU/US 10-Year yield spread continue to hold near familiar levels.
- Corporate issuance continues to catch attention, IFC launched a tap of its
2023 Kangaroo line (at least A$200mn), Macquarie University launched a 10-Year
Bond, while Singtel launched 5 & 10-Year paper.
- The Bill strip last trades 1-2 ticks softer, while 3-Month BBSW fixed
unchanged today.
- Tomorrow's AU CapEx release dominates the domestic docket this week, while
participants will also look to the AOFM's tender of A$1.0bn of the 2.75% 21
November 2029 Bond, issue #TB154 at the top of the hour.
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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