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AOFM sells $600m of October 2015 bonds

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SYDNEY, Nov 9 AAP

November 09 2012, 11:39AM

The Australian government has sold $600 million of October 21 2015 Treasury bonds.

The Australian Office of Financial Management (AOFM), which conducts bond auctions on behalf of the government, said the bonds were sold for a weighted average yield of 2.6033 per cent.

The sale attracted bids totalling $3.665 billion, giving a coverage ratio of 6.11.