AOFM sells $800m of March 2019 bonds

The AOFM has sold $800 million of March 15, 2019 Treasury bonds.

The Australian government has sold $800 million of March 15, 2019 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 3.4661 per cent.

The sale attracted bids totalling $3.155 billion, giving a coverage ratio of 3.94.