AOFM sells A$3.0B Nov 2022 bond at 0.2544% weighted avg yield
By Sophia Rodrigues
Published On 20 Apr 2020 , 11:08 AMThe AOFM has sold A$3.0 billion of 2.25% November 2022 government bond at a weighted average yield of 0.2544%. The cut-off yield was 0.2575% and the lowest yield was 0.2500%.
The coverage ratio was 4.19 times, in line with the average of the past three re-issues of this bond.
With this issue, the total issue of this bond has risen to A$22.5 billion. At the last auction on April 6 for A$2.0 billion, the bond was sold at a weighted average yield of 0.2450, and cutoff rate also of 0.2450%
LATEST SNIPPETS
RBNZ Hike 50bps to 2.5%
The Reserve Bank of New Zealand raised the official cash rate by 50bps for the third meeting in a row, taking the rat...
Published on : 13 Jul 2022 , 12:57 PMRBA raises cash rate 50bps to 1.35%
The Reserve Bank of Australia has increased the cash rate target by 50bps to 1.35%, marking two consecutive 50-basis-...
Published on : 05 Jul 2022 , 03:03 PMWestpac also ups RBA cash rate forecast to 2.1% by Dec (from 1.75%)
Westpac chief economist Bill Evans has raised his forecast for RBA cash rate, now expecting the policy rate to end 20...
Published on : 07 Jun 2022 , 05:21 PMCBA ups RBA rate forecast; sees 2.1% year-end, with risk of 2.35%
Economists at Commonwealth Bank have revised higher their forecast for RBA cash rate, now expecting the rate to reach...
Published on : 07 Jun 2022 , 04:58 PMNAB ups RBA cash rate forecast to 2% by Dec (from 1.35%)
Economists at National Australia Bank are revising up their RBA cash rate forecast following the 50bps hike on Tuesda...
Published on : 07 Jun 2022 , 04:15 PMRBA raises cash rate 50bps to 0.85%
The Reserve Bank of Australia raised the cash rate target by 50bps to 0.85%. The rate on Exchange Settlement balances...
Published on : 07 Jun 2022 , 02:47 PMAustralia net export to subtract 1.7 points from Q1 GDP
Net export will detract 1.7 percentage points from Australia's March quarter GDP, data published by Australian Bu...
Published on : 31 May 2022 , 11:44 AMRBNZ Ups OCR 50bps to 2.0%
The Reserve Bank of New Zealand raised official cash rate by 50bps to 2.0%, as widely expected and issued hawkish pro...
Published on : 25 May 2022 , 12:15 PMFull Title of RBA Kent's Speech Next Week
The full title of RBA assistant governor Christopher Kent's speech next week is, "From QE to QT - The next p...
Published on : 20 May 2022 , 10:00 AMAustralia's unemployment rate at 3.9% in April
The jobless rate was at 3.9% in April, following a revised 3.9% rate in March (from 4.0%), data from Australian Burea...
Published on : 19 May 2022 , 11:46 AM