AOFM sells A$2.0B of Nov 2029 at 0.8691%
By Sophia Rodrigues
Published On 02 Jun 2020 , 11:05 AMThe AOFM has sold A$2.0 billion of 2.75% November 2029 government bond at a weighted average issue yield of 0.8691%, slightly lower than the previous record low of 0.8729% at October 2019 tender. The coverage ratio was 3.3175, significantly lower than record 5.21 times at a tender in May 2018. The lowest yield today was 0.8675% and the highest 0.8725%.
There were 37 bids in total, and only 16 were successful, and among them 8 got 100% allotment.
With this issue, this bond line has now increased to A$28.9 billion. The bond was first issued via syndication in January 2018 for A$9.6 billion at weighted average yield of 2.86%, and was last tendered on January at a weighted average yield of 1.2266%.
LATEST SNIPPETS
RBA buying semis Jan 2028-Dec 2030
The RBA is buying semi-government bonds today for A$1.5 billion in the maturity range January 2028 to December 2030....
Published on : 15 Apr 2020 , 12:43 PMRBA buying concentrated in Nov 2022 govt bond
The RBA bought the entire A$1.5 billion it notified this morning, with 65% of the purchases concentrated in the Novem...
Published on : 14 Apr 2020 , 04:14 PMRBA buying A$1.5B govt bond at short end
The RBA is buying government bonds at the tapered pace of last Thursday, announcing a notified amount of A$...
Published on : 14 Apr 2020 , 12:07 PMRBA buys entire A$1.5B; Ylds up vs similar past purchases
The RBA bought the entire A$1.5 billion it offered to purchase today. In case of the 2028 bonds, the cut-of...
Published on : 09 Apr 2020 , 03:58 PMRBA sells US$500m at third repo auction
The Reserve Bank of Australia’s third repo auction to provide US dollars attracted marginally less demand...
Published on : 09 Apr 2020 , 12:15 PMRBA tapers bond-buying to A$1.5B
The RBA is reducing its bond-buying further today, notifying an amount of A$1.5 billion, compared with A$2.0 billion...
Published on : 09 Apr 2020 , 12:10 PMRBA Governor Lowe to deliver speech/Q&A on April 21
The RBA governor Philip Lowe will deliver a speech on April 21 on the day the minutes of the April 7 board meeting is...
Published on : 08 Apr 2020 , 10:51 AMRBA buys A$2B govt bonds mainly in 2025, 2024
The RBA bought the entire A$2 billion of April 2024-April 2026 government bonds today, focusing mainly on the 2025 an...
Published on : 07 Apr 2020 , 04:39 PMRBA buying A$2B 2024-2026 bonds today
The RBA is buying government bonds at the short to medium end, with an announcement today to purchase A$2.0 bill...
Published on : 07 Apr 2020 , 12:28 PMRBA buys more of May 2028 govt bonds
The RBA bought the entire A$2 billion it offered to purchase today, focusing mainly on May 2028 bond. The cut-off yie...
Published on : 06 Apr 2020 , 04:08 PM