GOVTECONOMY

Australia Note Ylds At New Low; Should AOFM Consider Refining Bid...

By Sophia Rodrigues

Yields at Australia’s Treasury Note tenders fell to a new record low on Thursday as investors are forced to bid competitively for a slice of short-term AAA paper, given the alternative is to park funds with the...

GOVTECONOMY, 26 Nov 2020, 03:47 PM
Australia AOFM Issues A$6B 2041 Bond Via Tap at 1.70%

By Sophia Rodrigues

The Australian government's syndicated tap issue of 2.75% May 2041 Treasury Bond priced at the tightest end of the indicative range, after attracting three times coverage at the clearing price.

The 2041...

GOVTECONOMY, 17 Nov 2020, 03:31 PM
Australia’s 2041 Bond Tap Issue Gets Over A$10B Orderbook

By Sophia Rodrigues

The Australian government's syndicated tap issue of 2.75% May 2041 Treasury Bond has received an orderbook of over A$10 billion in the first few hours of the launch.

The initial price guidance for the bo...

GOVTECONOMY, 16 Nov 2020, 02:40 PM
Australia Q3 CPI Up 1.6% Mainly on Child Care; Price Level Back t...

By Sophia Rodrigues

Australia’s consumer price index inflation rose 1.6% q/q in Q3 but that followed a 1.9% decline in Q2 and a small rise of 0.3% in Q1, taking the overall price level back to the December 2019 quarter levels.

...

GOVTECONOMY, 28 Oct 2020, 01:47 PM
RBA: Govt Policy Saved 4,600 Business Failures in 2019-20, Anothe...

By Sophia Rodrigues

The Australian government’s support policies to businesses affected by the Coronavirus pandemic saved 4,600 businesses from failing in 2019-20 and an additional 6,600 is expected to be saved in the 2020-21 year....

GOVTECONOMY, 09 Oct 2020, 03:41 PM
Analysis: Australia’s Record Cash to Neutralize Huge Deficit Anno...

By Sophia Rodrigues

As Treasurer Josh Frydenberg prepares to deliver one of the most important budgets and the widest fiscal deficits in Australian history, he can be a bit relaxed on one count -- a sharp sell-off in bonds that typically...

GOVTECONOMY, 01 Oct 2020, 09:41 AM