AOFM revises CGS issuance target after RBA grant [UPDATED]

On October 23 the Australian Office of Financial Management (AOFM) revealed updated planned issuance of Australian Commonwealth government bonds (CGS) in the current financial year. The issuance schedule has been revised in light of an A$8.8 billion (US$8.6 billion) grant the Australian government has awarded to the Reserve Bank of Australia (RBA).