AOFM sells May 2032 at 1.0098% vs 1.17% at last tender

By Sophia Rodrigues

Published On 17 Jun 2020 , 11:06 AM

The AOFM has sold A$2.0 billion of 1.25% May 2032 government bond at a weighted average issue yield of 1.0098%, lower than 1.17% at the previous tender but higher than the record low of 0.8185% achieved at the March 4 tender. The coverage ratio was 2.72 compared with record 4.09 times at April 17 tender. The lowest yield today was 1.0050% and the highest was 1.0125%.

There were 35 bids in total, and 20 were successful with 12 of them getting full allotment.

With this issue, this bond line has now increased to A$16.2 billion. The bond was first issued on January 22 for A$3.5 billion at weighted average yield of 1.2394%.

LATEST SNIPPETS

RBA Cash Rate Unchanged but Key Message Removed

The Reserve Bank of Australia left the cash rate unchanged at 4.35% but pivoted to a dovish stance by omitting the ke...

Published on : 10 Dec 2024 , 02:40 PM
RBA Cash Rate Remains at 4.35%, Still Vigilant to Upside Risks

The Reserve Bank of Australia maintained the cash rate at 4.35% and retained the key message that it remains vigilant...

Published on : 05 Nov 2024 , 02:44 PM
RBA keeps cash rate unchanged at 4.35%

The Reserve Bank of Australia left the cash rate unchanged at 4.35% and reiterated the key message that it is not rul...

Published on : 24 Sep 2024 , 02:37 PM
Australia July monthly CPI up 3.5% y/y

Australia's monthly Consumer Price Index Indicator rose 3.5% y/y in July compared with a 3.8% rise in June, data...

Published on : 28 Aug 2024 , 11:40 AM
RBA leaves cash rate unchanged at 4.35%

The Reserve Bank of Australia left the cash rate unchanged at 4.35% at the August board meeting and reiterated the me...

Published on : 06 Aug 2024 , 02:41 PM
New Zealand Q2 inflation surprises to downside

Headline consumer price index inflation rose 0.4% q/q in Q2, resulting in a slowing in the y/y pace to 3.3% versus 4....

Published on : 17 Jul 2024 , 08:51 AM
RBNZ Leaves OCR Unchanged at 5.5%

At the July Monetary Policy Review, the RBNZ kept the Official Cash Rate unchanged at 5.5%, saying monetary policy wi...

Published on : 10 Jul 2024 , 12:31 PM
Analysis: RBA Lowe’s Forward Guidance Viewed Through CB-Intel Stories

CB-Intel's last published article reviews RBA's forward guidance through the lens of CB-Intel stories.

...

Published on : 08 Jan 2023 , 11:32 PM
Australia AOFM’s CEO Rob Nicholl To Join IMF

The chief executive of the Australian Office of Financial Management Rob Nicholl is leaving to join the International...

Published on : 22 Jul 2022 , 04:34 PM
RBA Lowe's speech on Wed not under embargo

RBA Governor Philip Lowe will deliver a speech on July 20, but the speech will not be released under embargo, the RBA...

Published on : 19 Jul 2022 , 04:03 PM