The quotation and trading of Exchange-traded Australian Government Bonds (AGBs) on the Australian Securities Exchange (ASX) will commence on 21 May 2013. This will offer a convenient and readily accessible way for retail investors to invest in AGBs.
- The holder of Exchange-traded AGBs has beneficial ownership of AGBs in the form of CHESS Depositary Interests (CDIs). This means obtaining all of the economic benefits (including coupon and principal payments) attached to legal ownership of the bonds over which the CDIs have been issued.
- Exchange-traded AGBs will be electronically traded and settled through the ASX and will be able to be traded in small or large parcels. Exchange‑traded AGBs will be traded on the ASX in the same way as listed shares.
- Both Treasury Bonds and Treasury Indexed Bonds will be available as Exchange-traded AGBs.
Further information about Exchange-traded AGBs is available at: