Pricing of New August 2040 Treasury Indexed Bond
11 August 2015
The AOFM announces that the issue by syndication of a new 1.25% 21 August 2040 Treasury Indexed Bond has been priced at a real yield to maturity of 1.245%. This equates to a gross price of $100.292 per $100 face value of the bond, consisting of a capital price of $100.295 and an accrued interest component of negative $0.003.
The issue size is $1.25 billion in face value terms.
Settlement of the issue will occur on 20 August 2015.
There will be no further issuance of this Treasury Indexed Bond prior to November 2015. The AOFM will be mindful of the performance of the bond when considering the timing of further issuance.
Deutsche Bank AG, UBS AG Australia Branch and Westpac Institutional Bank were Joint-Lead Managers for the issue.
Last updated: 11 August 2015