Issuance program update: June 2025
During the first half of 2025-26, the Australian Office of Financial Management (AOFM) plans to:
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issue a new October 2036 Treasury Bond (by syndication and subject to market conditions).
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conduct 2 Treasury Bond tenders most weeks.
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hold 1-2 Treasury Indexed Bond tenders each month. Note that tenders will be held on Thursdays.
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conduct a Treasury Note tender most weeks and maintain at least $25 billion on issue. Treasury Notes on issue will vary based on the government’s cash requirements.
Issuance of Treasury Bonds (including Green Treasury Bonds) in 2025-26 is expected to be around $150 billion. Issuance of Treasury Indexed Bonds in 2025-26 is expected to be between $2 billion and $3 billion.
Details of weekly transactions will be announced at midday on the preceding Friday. The next update on the 2025-26 issuance program is planned to be provided following the release of the Mid-Year Economic and Fiscal Outlook.
The AOFM plans to undertake the following transactions.
Treasury Bonds
Two Treasury Bond tenders are planned for next week.
| Series Offered | 2.75% 21 June 2035 | 2.25% 21 May 2028 |
|---|---|---|
| Offered to Public ($million) | 1,200 | 1,000 |
| ISIN | AU000XCLWAM0 | AU000XCLWAR9 |
| Tender Date | Wednesday, 2 July 2025 | Friday, 4 July 2025 |
| Time to Submit Bids | 10:45 - 11:00 AM AEST | 10:45 - 11:00 AM AEST |
| Settlement Date | Friday, 4 July 2025 | Tuesday, 8 July 2025 |
Treasury Notes
A Treasury Note tender is planned for next week.
| Maturity Date | 12 September 2025 | 7 November 2025 |
|---|---|---|
| Offered to Public ($million) | 2,000 | 1,000 |
| ISIN | AU2CLT120958 | AU2CLT071151 |
| Tender Date | Thursday, 3 July 2025 | |
| Time to Submit Bids | 10:15 - 10:30 AM AEST | |
| Settlement Date | Friday, 4 July 2025 | |
Treasury Indexed Bonds
The next tender for the issue of Treasury Indexed Bonds is planned to be held on Thursday, 10 July 2025.
Other Information
Results of transactions will be made available in the Data Hub and via AOFM Updates.
Bids and offers at AOFM tenders may be lodged by Registered Bidders via Yieldbroker DEBTS, and must comply with the relevant Information Memorandum for Treasury Bonds, Treasury Indexed Bonds or Treasury Notes.
All transactions are to be settled in the Austraclear System.
