AOFM sells $600 million of Oct 2015 bonds

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 2.7842 per cent.

The sale attracted bids totalling $1.99 billion, giving a coverage ratio of 3.32.

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