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Very little of note in the RBA's Feb...>

AUSSIE BONDS
AUSSIE BONDS: Very little of note in the RBA's Feb meeting minutes at first
glance/in broader headlines, worth highlighting that the RBA discussed the risk
that the Coronavirus poses to the economy, which it deemed to be "material."
- Elsewhere, the minutes held a broader overview of the discussion re: the trade
offs of easing MonPol further, which has been covered throughout Governor Lowe's
recent raft of communique.
- YM & XM didn't really budge over the release, +0.5 & +1.0 respectively at
writing, drawing support from the broader risk-off flows that we have outlined
elsewhere.
- A$ issuance matters continue to gather interest locally. QPH should be added
to the list mentioned earlier after it mandated for potential A$ issuance.
- Bills -1 to +3 through the reds, with the front end outperforming.
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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