AOFM gets strong coverage for April 2024 bond; yield 0.2818%
By Sophia Rodrigues
Published On 15 May 2020 , 11:05 AMThe AOFM has sold A$2.0 billion of 2.75% April 2024 government bond at a weighted average yield of 0.2818%. The coverage ratio was 5.3775, falling short of the record at the previous auction of this bond when it was 6.5375. The lowest yield today was 0.2800% and the highest 0.2825%.
There were 50 bids in total, and only 13 were successful, and among them 5 got 100% allotment.
With this issue, this bond line has now increased A$30.9 billion. The last time this bond was issued was on January 15 for A$400 million when the weighted average issue yield was 0.8481%.
The bond was first issued in June 2012 for A$1.0 billion at a weighted average yield of 3.2816%.
LATEST SNIPPETS
AOFM tenders next week total A$10.5B
The AOFM has announced the following tenders for next week, totaling A$5.5 billion of bonds and A$5.0 billi...
Published on : 01 May 2020 , 12:06 PMStrong demand for AOFM's 2024 tender; coverage 4.8 times
The AOFM has sold A$3.0 billion of 0.25% November 2024 government bond at a weighted average yield of 0.386...
Published on : 01 May 2020 , 11:06 AMRBA pauses for first time, No bond-buying auction today
For the first time since it began bond-buying via auctions, the RBA is not conducting any purchases today. Last week,...
Published on : 30 Apr 2020 , 12:03 PMHighlights of Australia Q1 CPI
Highlights of Australia Q1 CPI published by the Australian Bureau of Statistics Wednesday:
--Headline...
Published on : 29 Apr 2020 , 11:48 AMAOFM sells A$2.5B of 2032 bond but yld up, coverage down
The AOFM has sold A$2.5 billion of 1.25% May 2032 government bond at a weighted average yield of 1.0722%. T...
Published on : 28 Apr 2020 , 11:06 AMRBA buys A$500m bonds, total buying now A$49.3B
The RBA bought A$500 million of government bonds today, spreading its purchases across all the three bonds meeting it...
Published on : 27 Apr 2020 , 04:14 PMNo pause in RBA bond-buying yet
No pause yet in RBA's bond buying, with announcement today to buy A$500 million of government bonds maturing in t...
Published on : 27 Apr 2020 , 12:29 PMAOFM total tenders next week A$10.5 billion
The AOFM has announced the following tenders next week, totaling A$5.5 billion of bonds (vs A$6.0 billion this w...
Published on : 24 Apr 2020 , 12:27 PMAOFM attracts record coverage for 2023 bond
The AOFM's A$1.5 billion of 5.5% April 2023 bonds attracted strong demand with coverage ratio posting a reco...
Published on : 24 Apr 2020 , 11:13 AMRBA total bond-buying hits A$48.7B
The RBA bought A$500 million of government bonds today, taking its total purchases since it launched bond-buying auct...
Published on : 23 Apr 2020 , 12:00 AM