Pricing of New November 2027 Treasury Bond
20 January 2016
The AOFM announces that the issue by syndication of a new 2.75% 21 November 2027 Treasury Bond has been priced at a yield to maturity of 2.865%. This equates to a gross price of $99.366 per $100 face value of the bond, consisting of a capital price of $98.852 and an accrued interest component of $0.514.
The issue size is $4.6 billion in face value terms.
Settlement of the issue will occur on 28 January 2016.
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.
ANZ, Citi, UBS AG Australia Branch and Westpac Institutional Bank were Joint-Lead Managers for the issue.
Last updated: 20 January 2016