AOFM launches June 2039 syndicated tap
- Monday, 10 July 2017
On 10 July, the Australian Office of Financial Management (AOFM) (AAA/Aaa/AAA) launched a syndicated tap of its June 2039 benchmark bond. Initial price guidance on the forthcoming tap issue, which will be of “modest size”, is 64-66 basis points area over the implied bid yield for the primary 10-year Treasury bond futures contract.
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