Budget update adds to AOFM task, with bigger tenders likely to result
- Monday, 05 August 2013
On August 5, the Australian Office of Financial Management (AOFM) announced a further increase of expected net issuance, to approximately A$60 billion (US$53.3 billion) for 2013/14. The announcement follows a release of updated economic and budget figures by the Australian federal government, which disclosed further deterioration to the country's expected budget position.
