The AOFM announces that the issue by syndication of the new 4.25% 21 October 2036 Treasury Bond has been priced at a yield to maturity of 4.36 per cent. The issue size is $16 billion in face value terms.
There was a total of $61.9 billion of bids at the final clearing price.
Settlement of the issue will occur on 30 July 2025.
Commonwealth Bank of Australia; Deutsche Bank; J.P. Morgan Securities Australia Limited; and Westpac Banking Corporation 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.
The AOFM will not be repurchasing any of the 0.50% 21 September 2026 Treasury Bond. No offers were received at the clearing price.
