AOFM issues A$2.0B of Nov 2024 bond at 0.3654%

By Sophia Rodrigues

Published On 03 Jul 2020 , 11:23 AM

The AOFM has sold A$2.0 billion of 0.25% November 2024 government bond at a weighted average issue yield of 0.3654%. The coverage ratio was 4.4875, marginally lower than the record 4.8666 at May 1 tender. The lowest yield today was 0.3625% and the highest 0.3675%. 

There were 46 bids in total, and only 18 were successful, and among them 8 got 100% allotment.

With this issue, this bond line has now increased to A$22.0 billion. The bond was first issued via syndication on April 15 for A$13 billion at weighted average yield of 0.47%, and last issued on June 9 for A$2.0 billion at weighted average issue yield was 0.3865%.

 

LATEST SNIPPETS

Australia Jan Unemployment Rate Stays at 4.1%

Australia's unemployment rate was unchanged at 4.1% in January, data from the Australian Bureau of Statistics sho...

Published on : 19 Feb 2026 , 11:39 AM
RBNZ Leaves OCR unchanged at 2.25%

The Reserve Bank of New Zealand kept the Official Cash Rate unchanged at 2.25%, meeting expectations. 

Published on : 18 Feb 2026 , 12:08 PM
Australia Wage Price Index Rises 3.4% y/y in December Qtr

Australia's wage price index rose 0.8% q/q in the December 2025 quarter, leaving the y/y pace unchanged at 3.4%,...

Published on : 18 Feb 2026 , 11:38 AM
RBA Lifts Cash Rate to 3.85%

The Reserve Bank of Australia raised the cash rate by 25bps to 3.85%, marking a quick turnaround from a 25bps cut del...

Published on : 03 Feb 2026 , 02:37 PM
RBA Maintains Cash Rate at 3.60%

The Reserve Bank of Australia left the cash rate unchanged at 3.60%, judging it appropriate to remain cautious w...

Published on : 09 Dec 2025 , 02:45 PM
RBNZ Trims OCR 25bps to 2.25%

The RBNZ cut the Official Cash Rate by 25bps to 2.25%, and flagged this may be the end of the easing cycle.

Published on : 26 Nov 2025 , 12:13 PM
RBA Cash Rate Steady at 3.60%

The Reserve Bank of Australia kept the cash rate unchanged at 3.60%, citing remaining inflationary pressure, pri...

Published on : 04 Nov 2025 , 02:36 PM
RBNZ lowers OCR 50bps to 2.5%

The RBNZ cut the Official Cash Rate by 50bps to 2.5% citing prolonged spare capacity and the associated downside...

Published on : 08 Oct 2025 , 12:15 PM
RBA Leaves Cash Rate Unchanged at 3.60%

The Reserve Bank of Australia left the cash rate unchanged at 3.60%, in line with expectations.

The to...

Published on : 30 Sep 2025 , 02:36 PM
Slightly More Emphasis on Upside Risks In RBA Bullock's Speech

Key headlines from RBA Governor Michele Bullock's opening statement at Parliamentary testimony Monday:

...

Published on : 22 Sep 2025 , 11:16 AM