Forthcoming Transactions
The Australian Office of Financial Management (AOFM) plans to undertake the following transactions.
Treasury Bonds
Two Treasury Bond tenders are planned for next week.
| Series Offered | 3.50% 21 December 2034 | 1.50% 21 June 2031 |
|---|---|---|
| Offered to Public ($million) | 800 | 700 |
| ISIN | AU0000274706 | AU0000047003 |
| Tender Date | Wednesday, 27 November 2024 | Friday, 29 November 2024 |
| Time to Submit Bids | 10:45 - 11:00 AM AEDT | 10:45 - 11:00 AM AEDT |
| Settlement Date | Friday, 29 November 2024 | Tuesday, 3 December 2024 |
Treasury Notes
A Treasury Note tender is planned for next week.
| Maturity Date | 28 February 2025 | 11 April 2025 |
|---|---|---|
| Offered to Public ($million) | 1,000 | 1,000 |
| ISIN | AU2CLT280257 | AU2CLT110454 |
| Tender Date | Thursday, 28 November 2024 | |
| Time to Submit Bids | 10:15 - 10:30 AM AEDT | |
| Settlement Date | Friday, 29 November 2024 | |
Treasury Indexed Bonds
Subject to market conditions, a tap of around $1 billion face value of the 1.25% 21 August 2040 Treasury Indexed Bond (TIB) is planned to be issued by syndication in the week beginning 25 November 2024. Barrenjoey Markets Pty Limited*; UBS AG, Australia Branch; and Westpac Banking Corporation will act as Joint-Lead Managers for the issue.
In conjunction with the issue, the AOFM is prepared to repurchase up to $2 billion face value of the 3.00% 20 September 2025 TIB. Holders of the 20 September 2025 TIB can submit offers of that bond whether or not they choose to participate in the 21 August 2040 TIB issue.
*Barclays acting as authorised global distributor
Other Information
Results of transactions will be made available in the Data Hub and via AOFM Updates.
Bids and offers at AOFM tenders may be lodged by Registered Bidders via Yieldbroker DEBTS, and must comply with the relevant Information Memorandum for Treasury Bonds, Treasury Indexed Bonds or Treasury Notes.
All transactions are to be settled in the Austraclear System.
