AOFM issue guidance for new issuance in 2020-21
By Sophia Rodrigues
Published On 03 Jul 2020 , 12:18 PMAOFM issues guidance for new issuance in 2020-21 that will apply until the 2020-21 federal budget is handed down in October.
Following are the details:
--Treasury bond issuance to be A$4 billion to A$5 billion in most weeks.
--Treasury Notes to be A$2 billion to A$4 billion in most weeks.
--New bond lines maturing in 2025, 2026, 2031 and 2032 will be established via syndication. Also, a new 30-year bond line maturing in June 2051 will be issued via syndication by September 2020*, subject to market conditions.
--Syndicated taps of existing long-dated Treasury Bond lines will remain under consideration consistent with past practice, however, the launch of the new 2051 line will be the priority.
--No plans to resume regular bond buyback tenders during 2020-21.
(corrected to September 2020, following revised release issued by AOFM)
LATEST SNIPPETS
Will RBA Buy April 2024 Bond Today?
(This snipped was first published on October 28 at 1039 AM)
Australia’s bond market is once again tes...
Published on : 29 Oct 2021 , 04:36 PMNAB Says RBA QE to End February 2022
National Australia Bank economists expect the RBA to end its bond purchase program (QE) by February, making it the fi...
Published on : 29 Oct 2021 , 02:39 PMAustralia's core CPI in RBA target band for first time since 2015
Australia's Q3 CPI shows core inflation rising into RBA's target band for the first time since 2015 (and impo...
Published on : 27 Oct 2021 , 11:39 AMAustralia's big four banks on RBA's 0.1% April 2024 target
Big four banks on the RBA's 0.1% target on April 2024 bond:
--ANZ expects the RBA to drop the target wh...
Published on : 27 Oct 2021 , 10:55 AMANZ economists expect RBA to drop April 2024 target if guidance shifts
Economists at ANZ Bank expect the RBA to drop the 10bps target on April 2024 bond if it brings forward timing for the...
Published on : 27 Oct 2021 , 09:18 AMAustralian dollar currency notes on issue crosses 100 billion
The amount of Australian dollar currency notes on issue crossed the A$100 billion mark this week, rising to A$100.153...
Published on : 22 Oct 2021 , 05:25 PMSome Facts On RBA/AOFM Bond Lending Facility
Following RBA announcement after market hours Tuesday about indicative fee for borrowing (RBA as lender) April 2023 a...
Published on : 20 Oct 2021 , 10:12 AMRBNZ's Hawkesby Promoted to Deputy Governor
The Reserve Bank of New Zealand has announced the promotion Christian Hawkesby to the position of deputy governor, ef...
Published on : 06 Oct 2021 , 12:00 AMBig Four Banks Forecast for RBA Cash Rate
Big four banks' forecast for the RBA cash rate:
--ANZ expects first rate hike in 1H of 2024. "Our...
Published on : 17 Sep 2021 , 10:50 AMRBA Lowe's speech at 1300 hours today
Small change in timing of RBA Governor Philip Lowe's speech this afternoon, now at 1300 hours Sydney time (was 12...
Published on : 14 Sep 2021 , 11:55 AM