Original article by David Rogers
The Australian – Page: 26 : 25-Oct-19
The Australian Office of Financial Management’s CEO Robert Nicholl has downplayed the fact that investors did not fully support a new issuance of Treasury notes. The AOFM attracted bids totalling $936m for a $1bn issuance of Treasury Notes that will mature on 24 January 2020. Nicholl notes that demand for short-term debt instruments such as Treasury Notes can vary significantly, adding that the shortfall will not be a concern for the federal government unless it becomes a regular occurrence.
CORPORATES
AUSTRALIA. DEPT OF THE TREASURY. OFFICE OF FINANCIAL MANAGEMENT, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB