#Latest news with #corporateissuanceBloomberg03-06-2025BusinessBloombergAustralian Bond Auction Draws Weakest Demand in Six YearsAn auction of 12-year Australian government bonds drew the weakest demand in about six years amid higher domestic corporate issuances and a period of outperformance. The bid-to-cover ratio — a key gauge of interest — at the auction of A$1.2 billion ($775 million) worth of bonds maturing in April 2037 was 1.98 on Tuesday, according to the Australian Office of Financial Management. That was the lowest since July 2019 for notes with residual maturities of 10 to 12 years, according to Bloomberg calculations.
Bloomberg03-06-2025BusinessBloombergAustralian Bond Auction Draws Weakest Demand in Six YearsAn auction of 12-year Australian government bonds drew the weakest demand in about six years amid higher domestic corporate issuances and a period of outperformance. The bid-to-cover ratio — a key gauge of interest — at the auction of A$1.2 billion ($775 million) worth of bonds maturing in April 2037 was 1.98 on Tuesday, according to the Australian Office of Financial Management. That was the lowest since July 2019 for notes with residual maturities of 10 to 12 years, according to Bloomberg calculations.
03-06-2025
