AOFM sells $800m of April 2024 bonds

The AOFM has sold $800 million of April 21, 2024, Treasury bonds.

The Australian government has sold $800 million of April 21, 2024, Treasury bonds.

The Australian Office of Financial Management (AOFM), which conducts bond auctions on the behalf of the government, said the bonds were sold for a weighted average yield of 4.2041 per cent.

The sale attracted bids totalling $3.527 billion, giving a coverage ratio of 4.41.