AOFM launches new November 2025 syndicated deal

On 13 July, Australian Office of Financial Management (AOFM) (AAA/Aaa/AAA) launched its new November 2025 syndicated benchmark line. The forthcoming deal is being marketed at 17-20 basis points area over three-year futures contract. Pricing is expected on the day after launch, with BofA Securities, J.P. Morgan, UBS and Westpac Institutional Bank leading.