AOFM sells 2025 bond at record low yield, record high coverage
By Sophia Rodrigues
Published On 29 May 2020 , 11:05 AMThe AOFM has sold A$1.0 billion of 3.25% April 2025 government bond at a weighted average issue yield of 0.3859%, lower than the previous record low of 0.3888% at May 4 tender. The coverage ratio was 5.6920, slightly higher than record 5.4333 at the last tender on May 4. The lowest yield today was 0.3825% and the highest 0.3875%.
There were 35 bids in total, and only 6 were successful, and among them 3 got 100% allotment.
With this issue, this bond line has now increased to A$30.4 billion. The bond was first issued via syndication in May 2013 for A$4.0 billion at weighted average yield of 3.47%, and was last issued on May 4 at a weighted average yield of 0.3888.
LATEST SNIPPETS
Australian 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 AMAOFM's 2032 Treasury Indexed Bond Syndication likely A$3.0B
The AOFM is expected to issue A$3.0 billion of 0.25% November 2032 Treasury Indexed Bond after orderbook topped A$7.1...
Published on : 24 Aug 2021 , 09:10 AMAOFM's 2032 Treasury Indexed Bond Syndication Attracts A$3.3B
The AOFM's syndication of 0.25% November 2032 Treasury Indexed Bond attracted orderbook over A$3.3 billion by 130...
Published on : 23 Aug 2021 , 02:23 PMRBA Lowe's June 30 panel participation cancelled as event postponed
RBA Governor Philip Lowe's panel participation at a banking conference on Wednesday (June 30) has been cancelled...
Published on : 28 Jun 2021 , 11:49 AMRBA's Ellis may talk on labor market, underemployment
RBA Assistant Governor Luci Ellis will be speaking at AI Group Business Lunch event this afternoon. The speech is due...
Published on : 23 Jun 2021 , 11:04 AMBig four banks' forecast for RBA 3-year yield target, QE3
Earlier Wednesday, ANZ published its view on third round of RBA's bond purchase program. In a note Wednesday, ANZ...
Published on : 19 May 2021 , 01:44 PM