22 May 2013
Pricing of new April 2025 Treasury Bond
The AOFM announces that the issue by syndication of a new 3.25% 21 April 2025 Treasury Bond has been priced at a yield to maturity of 3.47%. This equates to a gross price of $98.206 per $100 face value of the bond, consisting of a capital price of $97.869 and accrued interest component of $0.337.
The issue size is $4 billion in face value terms.
Settlement of the issue will occur on 29 May 2013.
There will be no further issuance of this Treasury Bond prior to August 2013.
Citi, Deutsche Bank AG, UBS AG, Australia Branch and Westpac Institutional Bank were Joint-Lead Managers for the issue.