Pricing of New May 2028 Treasury Bond
11 May 2016
The AOFM announces that the issue by syndication of a new 2.25% 21 May 2028 Treasury Bond has been priced at a yield to maturity of 2.525%. This equates to a gross price of $97.155 per $100 face value of the bond, consisting of a capital price of $97.167 and an accrued interest component of negative $0.012.
The issue size is $7.0 billion in face value terms.
Settlement of the issue will occur on 19 May 2016.
There will be no further issuance of this Treasury Bond prior to July 2016. The AOFM will be mindful of the performance of the bond when considering the timing of further issuance.
Citi, Commonwealth Bank of Australia, Deutsche Bank AG and UBS AG Australia Branch were Joint-Lead Managers for the issue.
Last updated: 11 May 2016