AOFM sells Nov 2024 bond at 0.3576%
By Sophia Rodrigues
Published On 22 May 2020 , 11:04 AMThe AOFM has sold A$2.0 billion of 0.25% November 2024 government bond at a weighted average issue yield of 0.3576%. The coverage ratio was 4.6160, just shy of the previous issue when it was 4.8666 times. The lowest yield today was 0.3550% and the highest 0.3600%.
There were 40 bids in total, and only 13 were successful, and among them 6 got 100% allotment.
With this issue, this bond line has now increased to A$18.0 billion. The bond was first issued via syndication on April 15 for A$13 billion at weighted average yield of 0.47, and re-issued on May 1 for A$3.0 billion at weighted average issue yield was 0.3866%.
LATEST SNIPPETS
Australia Q3 net export to add 0.2%ppt to Q3 GDP
Australia net export to contribute 0.2 percentage point to Q3 GDP, data from ABS showed.
Terms of trade was st...
Australia consumer confidence off multi-year low but econ conditions view further down
Consumer confidence rose 1.2% in the week to Dec. 1 to 108.1, marking the first rise in four weeks but remained...
Published on : 03 Dec 2019 , 10:04 AMAustralia ANZ job ads down in November; Trend firmly negative
Job ads fell for the second straight month in November, down 1.7% m/m after a 1.0% fall in October, data from ANZ sho...
Published on : 02 Dec 2019 , 11:42 AMKey points from Australia's private sector credit for October
Key points from Australia's private sector credit growth for October, published by the RBA Friday.
--...
RBA may buy RMBS if dysfunction in mortgage market
Regarding purchase of Residential Mortgage-Backed Securitie (RMBS), RBA Governor Philip Lowe said last night that it...
Published on : 27 Nov 2019 , 09:58 AMRBNZ dismissing possibility of negative OCR?
The RBNZ appears to be dismissing the possibility of a negative official cash rate. In the Financial Stability Report...
Published on : 27 Nov 2019 , 07:17 AMIs that another first by the RBA?
The RBA is a rare central bank that doesn't follow anyone on twitter. And it never replies to anyone on twitter....
Published on : 26 Nov 2019 , 12:10 PMLive broadcast of RBA Lowe's speech is first of many
RBA will be broadcasting live "audio" of Governor Philip Lowe's speech later Tuesday. This is the first...
Published on : 26 Nov 2019 , 01:10 AMAustralia consumer confidence falls to over 4-yr low
Australian consumer confidence fell 2.8% in the week to November 25, to the lowest level in over four years, data fro...
Published on : 26 Nov 2019 , 10:04 AMWestpac economists expect Australia house prices to rise 5% in 2020
Economists at Westpac expect Australia's house price upswing to continue in 2020, rising 5%, but with getting cap...
Published on : 25 Nov 2019 , 11:55 AM