Australian government sees little scope for, or benefit from, extending the yield curve beyond 30 years

Reuters reporting comments from the AOFM 30 May
– counting on sustained demand for a new 30-year AUD benchmark bond next year or year after
– a very small illiquid 50-year maturity wouldn’t add noticeably to extending portfolio duration
The Australian Office of Financial Management’s CEO Nicholl adds that foreign ownership of Australian bonds continues to decline.