Launch of New November 2027 Treasury Bond

19 January 2016

The AOFM announces the issue by syndication of a new 2.75% 21 November 2027 Treasury Bond. The initial issue will be of a benchmark size.

Initial price guidance for the issue is a spread of 13.5 to 17.5 basis points over the implied bid yield for the primary ten-year Treasury Bond futures contract.

The issue is expected to be priced on Wednesday, 20 January 2016.

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 March 2016. The AOFM will be mindful of the performance of the bond when considering the timing of further issuance.

Last updated: 19 January 2016