The AOFM announces that the issue by syndication of the new 5.00% 21 May 2038 Treasury Bond has been priced at a yield to maturity of 5.17%. The issue size is $13 billion in face value terms.
There was a total of $61.97 billion of bids at the final clearing price.
Settlement of the issue will occur on 25 August 2026.
Barrenjoey Markets Pty Ltd*; Commonwealth Bank of Australia; J.P. Morgan Securities Australia Limited; and UBS AG, Australia Branch were 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
