The Australian Office of Financial Management (AOFM) and New Zealand Debt Management (NZDM) syndicated new bond lines on the same day for the first time, on 14 July. Deal sources say targeting different parts of the curve helped both transactions proceed well.
HIGH-GRADE ISSUERS YEARBOOK 2020
The ultimate guide to Australian and New Zealand government-sector borrowers.
investing with impact Yearbook 2019
KangaNews is proud to share cutting-edge information from the global and Australasian sustainable debt market.
Related news
RBA asset purchases
The Reserve Bank of Australia (RBA) has embarked on an asset purchasing programme as part of its regular open market operations in support of monetary policy goals. KangaNews will provide subscribers with easy access to asset purchase data, which will be updated as the RBA makes information publicly available.
RBNZ asset purchases
The Reserve Bank of New Zealand (RBNZ) has embarked on an asset purchasing programme as part of its regular open market operations in support of monetary policy goals. KangaNews will provide subscribers with easy access to asset purchase data, which will be updated as information is made publicly available by the RBNZ.
RBA to re-enter government bond market
The Reserve Bank of Australia (RBA) revealed in its monetary policy decision statement that it will buy Australian government securities (AGS) in the secondary market on 5 August – its first intervention since 6 May. The decision comes as the three-year Australian Commonwealth government bond (ACGB) yield has consistently been above the RBA’s 0.25 per cent yield target since early July.