AOFM sells Dec 2030 at 1.08% vs May 13 syndication yield 1.025%

By Sophia Rodrigues

Published On 10 Jun 2020 , 11:04 AM

The 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%.

 

LATEST SNIPPETS

RBA 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 PM
RBA 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
RBA tapers bond-buying to A$1.5B

The RBA is reducing its bond-buying further today, notifying an amount of A$1.5 billion, compared with A$2.0 billion...

Published on : 09 Apr 2020 , 12:10 PM
RBA Governor Lowe to deliver speech/Q&A on April 21

The RBA governor Philip Lowe will deliver a speech on April 21 on the day the minutes of the April 7 board meeting is...

Published on : 08 Apr 2020 , 10:51 AM
RBA buys A$2B govt bonds mainly in 2025, 2024

The RBA bought the entire A$2 billion of April 2024-April 2026 government bonds today, focusing mainly on the 2025 an...

Published on : 07 Apr 2020 , 04:39 PM
RBA buying A$2B 2024-2026 bonds today

The RBA is buying government bonds at the short to medium end, with an announcement today to purchase A$2.0 bill...

Published on : 07 Apr 2020 , 12:28 PM
RBA buys more of May 2028 govt bonds

The RBA bought the entire A$2 billion it offered to purchase today, focusing mainly on May 2028 bond. The cut-off yie...

Published on : 06 Apr 2020 , 04:08 PM
RBA buying A$2B 2027-2028 government bonds

The RBA's bond-buying program continues to be a daily event, with an announcement today to purchase A$2.0 billion...

Published on : 06 Apr 2020 , 11:54 AM
RBA bond-buying fails to resolve 3-5yr steepening

The Reserve Bank of Australia's bond-buying auction today for the same amount and bonds as yesterday has resulted...

Published on : 03 Apr 2020 , 04:07 PM
RBA announces identical bond-buying for second day

For the first time since it began bond-buying in the secondary market on March 20, the RBA has announced same purchas...

Published on : 03 Apr 2020 , 11:51 AM