AOFM bond issuance to fall, new lines planned

08 May 2017

 

Following the release of the Federal Government 2017/2018 budget, the AOFM has announced it intends to issue around $80 billion of Treasury bonds in the 2017/2018 financial year. $46 billion worth of various bonds will be issued to finance existing bonds which are due to mature or are planned for repurchase, leaving net issuance at $34 billion. On top of this, $5 billion of index-linked bonds (ILBs) will be issued...

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