Australia government launches new 2037 Treasury bond
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The Australian government has launched a new 2037 Treasury bond, with a 4.75% interest rate, through a syndicated offer. The bond will be priced on Wednesday, with early orders exceeding A$42 billion. The Australian Office of Financial Management (AOFM) indicated a pricing guidance of 5 to 7 basis points above the primary 10-year Treasury bond futures contract. Joint-lead managers include Barrenjoey Markets, Westpac, National Australia Bank, and UBS.
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