Forthcoming Transactions

AOFM Forthcoming Transactions

The Australian Office of Financial Management (AOFM) plans to undertake the following transactions.

Treasury Bonds

On Friday, 3 March 2017 a tender for the issue of $800 million of the 1.75% 21 November 2020 bond line is planned to be held. Full details are available in the official tender announcement.

Treasury Bond Buybacks

The next tender for the repurchase of Treasury Bonds is planned to be held on Monday, 6 March 2017. Details of the tender will announced on Friday, 3 March 2017.

Treasury Notes

The next tender for the issue of Treasury Notes is planned to be held on Thursday, 9 March 2017. Details of the tender will be announced on Friday, 3 March 2017.

Treasury Indexed Bonds

Subject to market conditions, a syndicated tap of the 1.25% 21 August 2040 Treasury Indexed Bond is planned to be conducted in the week beginning 27 February 2017.  The size of the issue will be modest.

The issue is expected to price at a spread of around 3 to 4 basis points to the 21 August 2035 Treasury Indexed Bond.  Specific price guidance incorporating this expectation will be provided when the issue is launched.

Deutsche Bank AG, UBS AG Australia Branch and Westpac Institutional Bank will act as Joint-Lead Managers for the issue.

The AOFM will review market conditions and release further information regarding timing and conduct of the issue.

Last updated: 24 February 2017