Launch of New April 2037 Treasury Bond

14 October 2014

The AOFM announces the issue by syndication of a new 3.75% 21 April 2037 Treasury Bond. The initial issue is expected to be of a benchmark size.

Initial price guidance for the issue is a spread of 60 to 65 basis points to the implied bid yield for the primary ten-year Treasury Bond futures contract.

The issue is expected to be priced on Wednesday, 15 October 2014.

ANZ, Citi, UBS AG Australia Branch and Westpac Institutional Bank will act as Joint‑Lead Managers for the issue.

There will be no further issuance of this Treasury Bond prior to January 2015. The AOFM will be mindful of the performance of the bond when considering the timing of further issuance.

Last updated: 15 October 2014