AOFM sells April 2029 at 0.8450%
By Sophia Rodrigues
Published On 24 Jun 2020 , 11:08 AMThe AOFM has sold A$2.0 billion of 3.25% April 2029 government bond at a weighted average yield of 0.8450%. The coverage ratio was 3.3325 versus record high of 6.5 times at a tender in October 2017. The lowest yield today was 0.8450% and the highest was also 0.8450%.
There were 35 bids in total, and only 3 were successful, with none getting 100% allotment.
With this issue, this bond line has now increased A$32.0 billion. The last time this bond was issued was in December 2019 for A$800 million when the weighted average issue yield was 1.0867%.
The bond was first issued in October 2012 via syndication for A$3.26 billion at a weighted average yield of 3.5950%.
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 AMRBNZ Leaves OCR unchanged at 2.25%
The Reserve Bank of New Zealand kept the Official Cash Rate unchanged at 2.25%, meeting expectations.
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 AMRBA 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 PMRBA 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 PMRBNZ 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.
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 PMRBNZ 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 PMRBA 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 PMSlightly 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