The Australian Office of Financial Management landed an all-time record orderbook for its first syndicated transaction of the calendar year, which priced on 5 February, despite a volatile environment in rates markets around the pricing window. By waiting just one day to execute, deal sources say, the issuer was able to flip a nervous backdrop into one keen to take advantage of safe-haven opportunities.

HIGH-GRADE ISSUERS YEARBOOK 2024
The ultimate guide to Australian and New Zealand government-sector borrowers.