Australian Government, the Australian Office of Financial Management

Commonwealth Debt Management 1998-99

The Australian Office of Financial Management has today released “Commonwealth Debt Management 1998-99”. The report provides information on the Commonwealth's debt and portfolio management operations in 1998-99 and, in appendices, statistical data on the Commonwealth's debt portfolio at 30 June 1999. The appendices also contain historical data, together with details of the redemption and stock of Commonwealth Government securities on allocation to the States and the Northern Territory.

2. As announced in the May 1999 Budget, the Australian Office of Financial Management was established as a separate agency within the Treasury portfolio from 1 July 1999. The Office, prescribed under the Financial Management and Accountability Act 1997, has assumed responsibility for the Commonwealth debt management activities previously undertaken by the Debt Management Office within the Department of the Treasury.

3. Copies of the publication can be obtained from Government Bookshops and the document has been included in the Treasury Website.

CANBERRA, ACT
18 October 1999

Further Information:

Mr Christopher Stevens
Phone (02) 6263 3820

Mr Peter Hammond
Phone (02) 6263 3084

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