AOFM sells Dec 2030 at 1.08% vs May 13 syndication yield 1.025%
By Sophia Rodrigues
Published On 10 Jun 2020 , 11:04 AMThe AOFM has sold A$2.0 billion of 1.0% December 2030 government bond at a weighted average issue yield of 1.0800%. The coverage ratio was 3.1725 times. The lowest yield today was 1.0750% and the highest 1.0825%.
There were 44 bids in total, and only 20 were successful, and among them 12 got 100% allotment.
This is the first re-issue of the bond since A$19 billion was issued via syndication on May 13 at a weighted average issue yield of 1.0250%.
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