AOFM sells May 2028 govt bond at 0.7711%
By Sophia Rodrigues
Published On 18 May 2020 , 11:05 AMThe AOFM has sold A$1.0 billion of 2.25% May 2028 government bond at a weighted average yield of 0.7711%. The coverage ratio was 3.96, well short of the record for this bond in November 2017 when it was 5.3 times. The lowest yield today was 0.7700% and the highest 0.7725%. 5.2966 november 2017
There were 42 bids in total, and only 14 were successful, and among them 8 got 100% allotment.
With this issue, this bond line has now increased A$29.7 billion. The last time this bond was issued was in November 2019 for A$500 million when the weighted average issue yield was 1.1098%.
The bond was first issued in May 2016 via Syndication where A$7.0 billion was issued at a weighted average yield of 2.5250%.
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