BOJ: Fixed Rate Operation Offer

Oct-05 01:11

The BoJ offers to buy an unlimited amount of 10-Year JGBs at a fixed rate of 0.25%.

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BOJ: Fixed Rate Operation Offer

Sep-05 01:11

The BoJ offers to buy an unlimited amount of 10-Year JGBs at a fixed rate of 0.25%.

AUSSIE BONDS: AOFM sells A$300mn of the 1.75% 21 June 2051 Bond, issue #TB162:

Sep-05 01:03

The Australian Office of Financial Management (AOFM) sells A$300mn of the 1.75% 21 June 2051 Bond, issue #TB162:

  • Average Yield: 3.8973% (prev. 3.8759%)
  • High Yield: 3.9000% (prev. 3.8800%)
  • Bid/Cover: 2.5333x (prev. 2.3633x)
  • Amount allotted at highest accepted yield as percentage of amount bid at that yield: 67.7% (prev. 34.3%)
  • Bidders 52 (prev. 46), successful 19 (prev. 22), allocated in full 10 (prev. 14)

AUSSIE BONDS: Early Bid Moderates; Domestic Data Due

Sep-05 00:51

ACGBs have backed away from their early highs as Sydney participants adjust to news flow since Friday’s settlement and set up for tomorrow’s RBA decision. The downtick from best levels was aided by a similar move in U.S. Tsy futures.

  • Cash ACGBs run 4.0bp cheaper to 1.5bp richer across the curve, twist steepening, with a pivot around 10s.
  • YM is +2.5 and XM is +0.5. The 3-/10-Year EFP box is steeper, with 3-Year EFP narrower and 10-Year EFP wider, while Bills run 2 ticks cheaper to 2 ticks richer through the reds.
  • Melbourne Institute Inflation data and results from the auction of A$300mn of ACGB Jun-51 will cross at the top of the hour, with Q2 company profits & inventories, ANZ job ads, and China Caixin PMIs due 30-45 mins after.