AOFM sells A$2.0B of Nov 2029 at 0.8691%
By Sophia Rodrigues
Published On 02 Jun 2020 , 11:05 AMThe AOFM has sold A$2.0 billion of 2.75% November 2029 government bond at a weighted average issue yield of 0.8691%, slightly lower than the previous record low of 0.8729% at October 2019 tender. The coverage ratio was 3.3175, significantly lower than record 5.21 times at a tender in May 2018. The lowest yield today was 0.8675% and the highest 0.8725%.
There were 37 bids in total, and only 16 were successful, and among them 8 got 100% allotment.
With this issue, this bond line has now increased to A$28.9 billion. The bond was first issued via syndication in January 2018 for A$9.6 billion at weighted average yield of 2.86%, and was last tendered on January at a weighted average yield of 1.2266%.
LATEST SNIPPETS
No demand for USD at RBA's third repo auction
No demand for US dollars at the RBA's fourth repo auction. Overall too, there has been tiny demand for US dollars...
Published on : 17 Apr 2020 , 09:22 AMRBA buys A$810M of April 2025 govt bond
The RBA has bought the entire A$1.0 billion of government bonds it notified this morning, with 81% of the buying in t...
Published on : 16 Apr 2020 , 12:00 AMRBA tapers bond-buying further to A$1.0B
As expected, the RBA has reduced its bond-buying further today, notifying an amount of A$1.0 billion, compa...
Published on : 16 Apr 2020 , 12:42 PMAustralia New 2024 Allocation -- 17.3% to Hedge Funds, 31.5% to Bks-Trading
Despite declining nearly half of the bids at the clearing price, 17.3% of the new 0.25% November 2024 syndicated bond...
Published on : 16 Apr 2020 , 09:22 AMAustralia govt makes record for new 2024 bond issue
The Australian government has set a record for a new bond issue, printing A$13 billion of the new 0.25% Nov...
Published on : 15 Apr 2020 , 01:28 PMRBA buying semis Jan 2028-Dec 2030
The RBA is buying semi-government bonds today for A$1.5 billion in the maturity range January 2028 to December 2030....
Published on : 15 Apr 2020 , 12:43 PMRBA buying concentrated in Nov 2022 govt bond
The RBA bought the entire A$1.5 billion it notified this morning, with 65% of the purchases concentrated in the Novem...
Published on : 14 Apr 2020 , 04:14 PMRBA buying A$1.5B govt bond at short end
The RBA is buying government bonds at the tapered pace of last Thursday, announcing a notified amount of A$...
Published on : 14 Apr 2020 , 12:07 PMRBA buys entire A$1.5B; Ylds up vs similar past purchases
The RBA bought the entire A$1.5 billion it offered to purchase today. In case of the 2028 bonds, the cut-of...
Published on : 09 Apr 2020 , 03:58 PMRBA sells US$500m at third repo auction
The Reserve Bank of Australia’s third repo auction to provide US dollars attracted marginally less demand...
Published on : 09 Apr 2020 , 12:15 PM