Pricing of New June 2035 Treasury Bond
24 March 2015
The AOFM announces that the issue by syndication of a new 2.75% 21 June 2035 Treasury Bond has been priced at a yield to maturity of 2.865%. This equates to a gross price of $98.997 per $100 face value of the bond, consisting of a capital price of $98.242 and accrued interest component of $0.755.
The issue size is $4.25 billion in face value terms.
Settlement of the issue will occur on 31 March 2015.
There will be no further issuance of this Treasury Bond prior to June 2015. The AOFM will be mindful of the performance of the bond when considering the timing of further issuance.
ANZ, Commonwealth Bank of Australia, Deutsche Bank AG and UBS AG Australia Branch were Joint-Lead Managers for the issue.
Last updated: 9 April 2015