The Australian Office of Financial Management (AOFM) and the Central Financing Authorities for the States (CFA’s) have agreed on a standardised reporting format for the purposes of turnover data reporting by relevant registered bidders, primary dealers and panel banks (together banks).
Australian standardised turnover reporting instructions
AOFM and CFA bond turnover reported by banks provides valuable sector liquidity information for both issuers and institutional investors. This data helps issuers highlight to investors the increasing bond liquidity in the Government and Semi Government sectors, the level of support the banks provide to the issuers, and provides important insights to frame each issuers investor relations strategies.
The AOFM and CFAs recognise that capturing and categorising trades may require the use of judgement by banks, we expect reasonable endeavours to be used where applicable. We acknowledge that banks may categorise trades differently and that turnover data may not be consistent across banks.
The instructions were last updated in October 2025. Reporting using this format is due to begin in January 2026.
