Australia sells AUD 1.1bln 4.25% 2036 bonds, b/c 3.73, avg. yield 4.9012%
The successful sale of AUD 1.1 billion in 4.25% 2036 bonds indicates solid demand, especially given the average yield of 4.9012%.
LG Energy Solution (373220 KS) is to supply ESS batteries to Hanwha's (009830 KS) US arm, according to Yonhap
[MARKET UPDATE] Asia-Pac stocks are on the back foot as the downbeat mood rolls over into the region, following the tech-related selling on Wall St
Australia sells AUD 1.1bln 4.25% 2036 bonds, b/c 3.73, avg. yield 4.9012%
New Zealand ANZ Commodity Price Index MM (Jan) +2.0% (Prev. -2.1%)
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Nintendo (7974 JT) Q3 (JPY) oper. income 155.21bln (exp. 180.7bln), 9-month net rose 51.3% Y/Y to 358.9bln, 9-month net sales rose 99.3% Y/Y to 1.9tln
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This yield reflects a premium over the current yields in the market, suggesting that investors are requiring additional compensation for holding longer-term Australian debt. Overall, this could be a signal of investor sentiment towards the Australian economy and future interest rate expectations, impacting related bond prices and risk sentiment.
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