OPERATIONAL NOTICE
No: 17/2003
TREASURY BOND ISSUANCE CALENDAR
Consistent with indications provided in the 2003-04 Commonwealth Government
Budget, the AOFM is planning issuance of between $2 billion and $3 billion
of Treasury Bonds in the 2003-04 financial year. Further issuance into
the existing April 2015 Treasury Bond will be undertaken to ensure its
volume is similar to other benchmark lines. It is also expected that
a new long dated bond will be issued in the second half of 2003-04 with
a term to maturity of around 13 years.
Treasury Bond issuance for the first half of the 2003-04 financial year
has been completed. In this period three tenders for the issue of the
April 2015 Treasury Bond totalling $900 million were conducted.
Four tenders of Treasury Bonds are planned for the second half of the 2003-04 financial year. At this stage issuance is planned for the following dates:
- 20 January 2004;
- 9 March 2004
- 18 May 2004; and
- 8 June 2004.
Tenders for Treasury Bonds will be confirmed at midday on the day prior
to a scheduled tender.
It should be noted that the issuance calendar is indicative only and
the Commonwealth reserves the right to amend the calendar at any time.