AOFM completes nominal curve-extending deal via syndication [UPDATED]

The Australian Office of Financial Management (AOFM) announced the culmination of its long-awaited bond curve extension on October 7, with pricing of the new A$3.25 billion (US$3.3 billion) April 2027 issue completed on October 20. The new line has a coupon of 4.75 per cent and priced in line with indicative levels at 23 basis points over the April 2023 Treasury bond spread.