May 13, 2020 / 4:58 AM / 17 days ago

Australian government sells record A$19 bln of new 2030 bonds

SYDNEY, May 13 (Reuters) - The Australian government on Wednesday sold A$19 billion ($12.30 billion) of a new 2030 bond line, a record amount for any sale amid strong demand from investors.

The Australian Office of Financial Management (AOFM) said the syndicated offer drew A$53.5 billion in bids.

The new 1.00% Dec. 21, 2030 Treasury Bond was priced at a yield to maturity of 1.025%. ($1 = 1.5444 Australian dollars) (Reporting by Wayne Cole; Editing by Himani Sarkar)

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