AOFM gets order of over A$48.8B for 2025 syndication
By Sophia Rodrigues
Published On 14 Jul 2020 , 09:07 AMThe Australian governmen's 21 November 2025 bond has attracted order book of over A$48.8 billion, around 30 minutes before close (0930 hours Sydney time). The price is expected to be set at a spread of 18.5bps over primary three-year Treasury Bond futures contract (indicative is 17bps to 20bps), which translates to yield of 0.495%.
BofA Securities, J.P. Morgan Securities Australia Limited, UBS AG, Australia Branch and Westpac Institutional Bank are Joint Lead Managers for the issue.
LATEST SNIPPETS
AOFM sells Nov 2024 bond, Yld up vs last tender
The AOFM has sold A$2.0 billion of 0.25% November 2024 government bond at a weighted average issue yield of 0.38...
Published on : 09 Jun 2020 , 11:05 AMAOFM cuts bond tenders next week; T-Note intact
The AOFM has announced tenders for next week, totaling A$4.0 billion of bonds and A$3.0 billion o...
Published on : 05 Jun 2020 , 12:18 PMAOFM sells 2032 bond at 1.17% vs March record 0.8185%
The AOFM has sold A$1.0 billion of 1.25% May 2032 government bond at a weighted average issue yield of 1.17%, hi...
Published on : 05 Jun 2020 , 11:06 AMAOFM sells April 2023 bond at 0.2496%
The AOFM has sold A$2.0 billion of 5.5% April 2023 government bond at a weighted average issue yield of 0.2496%,...
Published on : 03 Jun 2020 , 11:04 AMAustralia Q1 GDP seen -0.3%q/q but don't rush to declare recession
Based on forecasts from the big four banks, the median for Q1 GDP is -0.3% q/q (ANZ -0.2%, CBA -0.3%, NAB -0.1%, West...
Published on : 02 Jun 2020 , 10:39 PMAOFM sells A$2.0B of Nov 2029 at 0.8691%
The AOFM has sold A$2.0 billion of 2.75% November 2029 government bond at a weighted average issue yield of...
Published on : 02 Jun 2020 , 11:05 AMAOFM sells 2025 bond at record low yield, record high coverage
The AOFM has sold A$1.0 billion of 3.25% April 2025 government bond at a weighted average issue yield...
Published on : 29 May 2020 , 11:05 AMAOFM sells May 2030 bond at 0.8919%, up from 0.8118% on April 6
The AOFM has sold A$2.0 billion of 2.5% May 2030 government bond at a weighted average issue yield of 0.891...
Published on : 26 May 2020 , 11:05 AMRBA Lowe at parliamentary hearing via videoconference on Thu
RBA governor Philip Lowe will appear before a Select Senate Committee on COVID-19 on Thursday. Lowe will answer quest...
Published on : 25 May 2020 , 06:37 PMAOFM sells Nov 2022 bond at record low tender yield 0.2384%
The AOFM has sold A$2.0 billion of 2.25% November 2022 government bond at a weighted average issue yield of...
Published on : 25 May 2020 , 11:05 AM