The AOFM announces the issue by syndication of a new 5.00% 21 May 2038 Treasury Bond. The issue will be of a benchmark size.
Initial price guidance for the issue is a spread of 6.5 to 8.5 basis points to the implied bid yield for the primary ten-year Treasury Bond futures contract.
The issue is expected to be priced on Tuesday, 18 August 2026 and settle on Tuesday, 25 August 2026.
Barrenjoey Markets Pty Ltd*; Commonwealth Bank of Australia; J.P. Morgan Securities Australia Limited; and UBS AG, Australia Branch will act as Joint-Lead Managers for the issue.
The AOFM will be mindful of the performance of the bond when considering the timing of future issuance.
*Barclays acting as authorised global distributor for Barrenjoey
