The AOFM announces the issue by syndication of a new 4.25% 21 October 2036 Treasury Bond. The issue will be of a benchmark size.
Initial price guidance for the issue is a spread of 3.5 to 6.5 basis points to the implied bid yield for the primary ten-year Treasury Bond futures contract.
The issue is expected to be priced on Wednesday, 23 July 2025 and settle on Wednesday, 30 July 2025.
Commonwealth Bank of Australia; Deutsche Bank; J.P. Morgan Securities Australia Limited; and Westpac Banking Corporation 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.
