Launch of New June 2039 Treasury Bond

13 October 2015

Launch of New June 2039 Treasury Bond

The AOFM announces the issue by syndication of a new 3.25% 21 June 2039 Treasury Bond. The initial issue size will not be more than $4 billion in face value terms.

Initial price guidance for the issue is a spread of 68 to 73 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, 14 October 2015.

Commonwealth Bank of Australia, Deutsche Bank AG, 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 February 2016. The AOFM will be mindful of the performance of the bond when considering the timing of further issuance.

Last updated: 13 October 2015