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YM & XM both hover around unchanged....>

AUSSIE BONDS
AUSSIE BONDS: YM & XM both hover around unchanged levels in early Sydney trade,
with continued focus on the ACGB issuance fallout from last week's JobKeeper
error announcement evident.
- Bills sit +1 to -1 through the reds.
- On the issuance front we have seen a round of new round of BPCE A$ 5-Year
Fixed/FRN launched, while Spark Finance has mandated for a potential A$ 6-Year
round of issuance.
- We have already flagged the content of an address from Australian PM Morrison
scheduled for later today. Elsewhere, A$100mn worth of linker issuance is due.
- It is also worth referencing the earlier bullet we posted re: Westpac's
month-end extension estimates.
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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