AOFM issues A$2.0B of Nov 2024 bond at 0.3654%
By Sophia RodriguesPublished 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%.
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