Issuance Program Update: MYEFO 2023-24

14 December 2023 

The Australian Government has released the Mid-Year Economic and Fiscal Outlook (MYEFO). This notice provides updated guidance on planned issuance of Australian Government Securities by the Australian Office of Financial Management (AOFM) in 2023-24.

Based on MYEFO forecasts, issuance of Treasury Bonds has been reduced to around $50 billion (of which $23.6 billion has been completed). Issuance of Treasury Indexed Bonds is planned to be $2-4 billion (of which $1.25 billion has been completed).

The AOFM will remain active in the Treasury Note market, with regular issuance for cash management purposes. At least $25 billion will be on issue at all times.

Further details on issuance plans (including any new planned bond lines) for the second half of 2023-24 will be provided on 5 January 2024.

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