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Australia Buys Back Record A$9.3 Billion of 2017 Bonds

Australia buys back record A$9.3 billion ($6.7 billion) of 2017 bonds from RBA  @Sonarayanan

  • Australia repurchased a record A$9.3 billion ($6.7 billion) of February 2017 bonds and canceled them.
  • Australia Buys Back Record A$9.3 Billion of 2017 Bonds
  • There’d be “plenty of cash that can be reinvested into the bond market,” as new issues come.
  • The AOFM’s move helps smooth out the maturity profile of Australian government securities as well as for benchmark bond indexes, according to Commonwealth Bank of Australia.
  • Some A$15.9 billion of bonds are due for redemption this month, according to data compiled by Bloomberg.

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@BNAustralia: “Australia buys back record A$9.3 billion ($6.7 billion) of 2017 bonds from RBA @Sonarayanan”


Australia repurchased a record A$9.3 billion ($6.7 billion) of February 2017 bonds and canceled them.


Australia Buys Back Record A$9.3 Billion of 2017 Bonds