Australia AOFM Tightens Bid Format for T-Note Tenders
By Sophia Rodrigues
The Australian Office of Financial Management has tightened bidding format at Treasury-Note tenders, bringing it in line with international practice as record low yields and strong demand made a compelling case to mak...
20 Aug 2020, 01:33 PMAnalysis: Australia T-Note Yields Decline Set to Continue on Offs...
By Sophia Rodrigues
Australian Treasury-Note auction yields have been declining at recent auctions due to a combination of reasons including expectations of a cut in the Reserve Bank cash rate target and ample liquidity, with scope for f...
14 Aug 2020, 02:35 PMAustralia to Sell Upto A$15B of New 2051 Bond as Orderbook Surges
By Sophia Rodrigues
The Australian government is likely to sell up to $15 billion of the new 1.75% June 2051 bond following a surge in orderbook overnight, resulting in the price being set at the lowest end of the 98bps to 102bps revised...
28 Jul 2020, 09:12 AMUpdate: Australia 2051 Bond Syndicate Orderbook Tops A$20B
By Sophia Rodrigues
Orderbook for the Australian government's 1.75% June 2051 bond issue has surpassed A$20 billion by 1640 hours Sydney time Monday.
Around 1400 hours Sydney time, the book was over A$17.7 billion...
27 Jul 2020, 05:03 PMAOFM's 2051 Bond Syndicate Orderbook Reaches A$17.7B, Guidance Ti...
By Sophia Rodrigues
The Australian government’s 1.75% June 2051 bond issue has attracted orderbook of over A$17.7 billion within few hours of the book opening, and the price guidance has been tightened.
The new 2051 bond...
27 Jul 2020, 02:36 PMAustralia Set to Post New Record for Govt Bond Issuance in July
By Sophia Rodrigues
Australia is set to post a record month for debt issuance as the government seeks to capitalize on strong demand for its bonds and front-load the borrowing program ahead of the European summer and the U.S. elections.<...
14 Jul 2020, 02:31 PM