• Australia Government doesn’t anticipate a large shift in demand for Australian sovereign paper as a result of deteriorating global stability - AOFM

Market news

30 May 2017

Australia Government doesn’t anticipate a large shift in demand for Australian sovereign paper as a result of deteriorating global stability - AOFM

  • Sees little scope for or benefit from extending the yield curve beyond 30 years

  • A very small illiquid 50-year maturity wouldn't add noticeably to extending portfolio duration

  • Counting on sustained demand for a new 30‑year AUD benchmark bond next year or the year after

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