Australia sells May 2032 bond at 0.9853% Weighted Avg Yld. Coverage 4.09 times
By Sophia Rodrigues
Published On 17 Apr 2020 , 11:07 AMThe AOFM has sold A$1.0 billion of 1.25% May 2032 government bond at a weighted average yield of 0.9853%. The coverage ratio was 4.0970, with the lowest yield at 0.9450% and the highest at 0.9875%
With this issue, the total issue of this bond has risen to A$8.7 billion. At the last auction on March 18 for A$500 million, the bond was sold at a weighted average yield of 1.2852.
Today's coverage ratio was the highest of the five tenders for this bond so far (including today). The previous best was the 3.59 coverage ratio at the March 18 auction.
LATEST SNIPPETS
RBA cuts cash rate to 3.85%
The Reserve Bank of Australia lowered the cash rate by 25bps to 3.85%, citing continued easing in inflation as reflec...
Published on : 20 May 2025 , 02:48 PMRBA lowers cash rate target to 4.10%
The Reserve Bank of Australia lowered the cash rate by 25bps to 4.10% -- the first rate cut move since November 2020....
Published on : 18 Feb 2025 , 02:41 PMRBA 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 PMRBA 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 PMRBA 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 PMAustralia 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 AMRBA 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 PMNew 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 AMRBNZ 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 PMAnalysis: 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