Pricing of New June 2039 Treasury Bond
14 October 2015
The AOFM announces that the issue by syndication of a new 3.25% 21 June 2039 Treasury Bond has been priced at a yield to maturity of 3.345%. This equates to a gross price of $99.536 per $100 face value of the bond, consisting of a capital price of $98.453 and an accrued interest component of $1.083.
The issue size is $4 billion in face value terms.
Settlement of the issue will occur on 21 October 2015.
There will be no further issuance of this Treasury Bond prior to February 2016. The AOFM will be mindful of the performance of the bond when considering the timing of further issuance.
Commonwealth Bank of Australia, Deutsche Bank AG, UBS AG Australia Branch and Westpac Institutional Bank were Joint-Lead Managers for the issue.
Last updated: 14 October 2015