Pricing of the new March 2036 Treasury Bond

The AOFM announces that the issue by syndication of the new 4.25% 21 March 2036 Treasury Bond has been priced at a yield to maturity of 4.46 per cent. The issue size is $15.0 billion in face value terms.

There was a total of $83.4 billion of bids at the final clearing price.

Settlement of the issue will occur on 11 February 2025.

Barrenjoey Markets Pty Ltd*; Commonwealth Bank of Australia; National Australia Bank Limited; and UBS AG, Australia Branch were Joint-Lead Managers for the issue.

The AOFM will be mindful of the performance of the bond when considering the timing of future issuance.

*Barclays acting as authorised global distributor.

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