Australia sells AUD 700mln 3.75% April 2037 bonds, b/c 4.14, avg. yield 4.8342%
Newsquawk Staff ·
Australia sells AUD 700mln 3.75% April 2037 bonds, b/c 4.14, avg. yield 4.8342%.
What it means
The Australian bond auction saw the sale of AUD 700 million in 3.75% bonds maturing in April 2037, yielding an average of 4.8342%. This yield, notably higher than the competitive rate of 4.14%, indicates strong investor demand but may suggest rising rates or inflation expectations. Watch for how this influences broader fixed income markets and the term premium for similar maturities.
- Germany sells EUR 3.89bln (exp. 5.5bln) 2036 Bund: b/c 1.15x (prev. 1.16x), average yield 3.37% (prev. 3.58%), retention 29.3% (prev. 24.1%)
- [MARKET ANALYSIS] Antipodeans diverge as AUD saw strong CPI and NZD slumped on a surprise RBNZ hold, DXY awaits the Fed
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- US sells USD 70bln of 5-year notes; Tail 0.4bps
- Auction history: US is to sell USD 70bln in 5-year notes at 17:00GMT/13:00EDT
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