AOFM sells $800m of July 2012 bonds
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SYDNEY, July 4 AAP
July 04 2012, 11:36AM
The Australian Office of Financial Management (AOFM) has sold $800 million of July 21, 2017, Treasury bonds
Weighted average issue yield: 2.68 per cent
Range of bids accepted: 2.675 per cent to 2.685 per cent
Coverage ratio: 4.13
Coupon rate: 4.25 per cent
Number of bids: 50
Total value of bids: $3.305 billion
Number of successful bids: 15
Number of bids allocated in full: 4
The Reserve Bank of Australia (RBA) took up none of the offer, the AOFM said on Wednesday.
Settlement for the bonds is on Monday, July 9.