AOFM sells $800m of Jan 2018 bonds

The AOFM has sold $800 million of January 21, 2018 Treasury bonds.

The Australian government has sold $800 million of January 21, 2018 Treasury bonds.

The Australian Office of Financial Management (AOFM), which conducts bond auctions on behalf of the government, said the bonds were sold for a weighted average yield of 3.2157 per cent.

The sale attracted bids totalling $3.649 billion, giving a coverage ratio of 4.56.