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The space has edged lower after........>

AUSSIE BONDS
AUSSIE BONDS: The space has edged lower after Treasurer Morrison won the run off
to become the new AU PM. He is viewed as more fiscally responsible than Peter
Dutton.
- This comes after the space stuck to a tight range in early dealing operating
just above SYCOM closing levels with the AU/U.S. 10-Year & domestic 3-/10-Year
cash differentials holding in familiar territory.
- Today has also bought around some modest A$ corporate issuance.
- The Bill strip has been relatively listless thus far and trades unchanged to a
tick worse off.
- There were no new lines announced in the AOFM's tender schedule for next,
although no offsetting cash flows are due.
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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