Just one investor buys entire A$2B of 2030 govt bond at tender

By Sophia Rodrigues

Published On 30 Sep 2020 , 11:20 AM

One bidder got the entire A$2.0 billion of the 1% December 2030 government bond at the tender today. The yield was 0.85% compared to weighted average bid of 0.8608% from 52 bids. The tender was subscribed 4.12 times.

This is only the second time a tender amount as big as A$2.0 billion was taken by a single bid. The previous such occasion was at July 22 tender when the entire A$2.0 billion of 2.75% November 2029 bond was bought by one bidder.

LATEST SNIPPETS

AOFM’s auction of June 2031 Australian govt bonds performs well

AOFM’s auction of A$1 billion of 1.5% June 2031 bond today generates relatively strong demand with weighted ave...

Published on : 05 Mar 2021 , 11:12 AM
AOFM’s auction of June 2031 Australian govt bond eyed

The results of the AOFM’s auction of A$1 billion of 1.5% June 2031 bond today will be an interesting one, given...

Published on : 05 Mar 2021 , 10:26 AM
Greater interest in ASX’s Bond Basket for September 3-Yr Bond Futures

More than usual interest this time in the bond basket for ASX’s September futures contract for three years. The...

Published on : 04 Mar 2021 , 11:11 AM
RBA succeeds in driving 3-year yield down at bond-buying auction today

The RBA's aggressive buying of bonds for second consecutive day under the 0.1% three-year yield target polic...

Published on : 26 Feb 2021 , 02:52 PM
AOFM doubles T-Notes issuance next week, as expected

As expected, the AOFM doubled the amount of T-Notes at tenders next week to A$2 billion from A$1 billion in the last...

Published on : 26 Feb 2021 , 12:10 PM
RBA buying A$3B under yield target policy (as CB-Intel flagged)

The RBA has announced it will buy A$3 billion of the April 2023 and April 2024 government bonds under the yield targe...

Published on : 26 Feb 2021 , 11:38 AM
AOFM may raise T-Notes tender next week

After reducing weekly T-Notes tenders to just A$1.0 billion (lowest since March last year) last two times, the AOFM m...

Published on : 26 Feb 2021 , 10:56 AM
Could RBA surprise with bond-buying today?

All eyes on the RBA today for any announcement on bond purchases under the three-year yield target policy. Since Nove...

Published on : 26 Feb 2021 , 10:35 AM
Australia wage price index beat expectations as some wage reductions unwind

Australia's wage price index beat expectations with a 0.6% q/q and 1.4% y/y rise in December 2020 quarter, data p...

Published on : 24 Feb 2021 , 11:37 AM
AOFM sells May 2032 bond at 1.69% weighted average yield

The AOFM sold A$2 billion of the 1.25% May 2032 government bond at weighted average issue yield of  1.6900%.&nbs...

Published on : 24 Feb 2021 , 11:20 AM