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
RBA Lowe's June 30 panel participation cancelled as event postponed
RBA Governor Philip Lowe's panel participation at a banking conference on Wednesday (June 30) has been cancelled...
Published on : 28 Jun 2021 , 11:49 AMRBA's Ellis may talk on labor market, underemployment
RBA Assistant Governor Luci Ellis will be speaking at AI Group Business Lunch event this afternoon. The speech is due...
Published on : 23 Jun 2021 , 11:04 AMBig four banks' forecast for RBA 3-year yield target, QE3
Earlier Wednesday, ANZ published its view on third round of RBA's bond purchase program. In a note Wednesday, ANZ...
Published on : 19 May 2021 , 01:44 PMAOFM issues A$14B of Nov 2032 govt bond via syndication
The AOFM has issued A$14 billion of the 1.75% 21 November 2032 bond issue at a price of +12.5bps, and indicative yiel...
Published on : 13 Apr 2021 , 10:22 AMAustralia 2032 Bond Syndication Prices at 12.5bps Over 10yr Futures
Pricing for The Australian government's 1.75% 21 November 2032 bond issue has been set at +12.5bps, and the order...
Published on : 13 Apr 2021 , 09:37 AMWestpac ups forecast for third round of RBA QE
Westpac has revised its forecast for RBA's Bond Purchase Program, now expecting the second A$100 billion bond-buy...
Published on : 26 Mar 2021 , 11:19 AMAOFM’s auction of June 2031 Australian govt bonds performs well
AOFM’s auction of A$1 billion of 1.5% June 2031 bond today generates relatively strong demand with weighted ave...
Published on : 05 Mar 2021 , 11:12 AMAOFM’s auction of June 2031 Australian govt bond eyed
The results of the AOFM’s auction of A$1 billion of 1.5% June 2031 bond today will be an interesting one, given...
Published on : 05 Mar 2021 , 10:26 AMGreater interest in ASX’s Bond Basket for September 3-Yr Bond Futures
More than usual interest this time in the bond basket for ASX’s September futures contract for three years. The...
Published on : 04 Mar 2021 , 11:11 AMRBA succeeds in driving 3-year yield down at bond-buying auction today
The RBA's aggressive buying of bonds for second consecutive day under the 0.1% three-year yield target polic...
Published on : 26 Feb 2021 , 02:52 PM