Domestic demand key as AOFM ramps issuance up to record level
- Wednesday, 01 March 2017
Surging domestic demand enabled the Australian Office of Financial Management (AOFM) to ride out apparent reduced nonresident holdings of Australian Commonwealth government bonds (ACGBs) in its return to syndicated issuance. The debt-management agency printed A$11 billion (US$8.4 billion) in a new November 2028 nominal bond on 22 February, having printed A$9.3 billion of new 2021s barely a month earlier.
HIGH-GRADE ISSUERS YEARBOOK 2021
The ultimate guide to Australian and New Zealand government-sector borrowers.