The AOFM announces that the issue by syndication of the new 4.75% 21 October 2037 Treasury Bond has been priced at a yield to maturity of 4.87 per cent. The issue size is $15 billion in face value terms.
There was a total of $66.97 billion of bids at the final clearing price.
Settlement of the issue will occur on 29 January 2026.
Barrenjoey Markets Pty Ltd*; National Australia Bank Limited; UBS AG, Australia Branch; 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.
*Barclays acting as authorised global distributor
