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This is a line chart that shows the realised funding cost profile (expressed in percentage terms) of the net AGS debt portfolio and the Long term Debt Portfolio by financial year since 2007-08. These are compared with two generic interest rate measures for reference, that is, the overnight cash rate and a moving average of the 10 year government bond yield. Lower interest rates in the period since the GFC have been driving down debt funding costs. The chart shows that funding costs have fallen faster tha

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In the spirit of reconciliation, the Australian Office of Financial Management acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples.