New Aussie bond market record

22 February 2017

 

The record for the largest single Commonwealth Government bond (ACGB) sale has been broken again this week. The Australian Office of Financial Management (AOFM) sold $11 billion November 2028 ACGBs via a syndicated process, an amount which is normally raised by the AOFM over the space of five weeks. Total bids were reported to have exceeded $20 billion and most of the bonds were purchased by domestic banks and fund...

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