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