The Australian government has sold $200 million of September 20, 2030 Treasury indexed bonds.
The Australian Office of Financial Management (AOFM), which conducts bond auctions on the behalf of the government, said the bonds were sold for an issue yield of 1.040 per cent.
The sale attracted bids totalling $745 million, giving a coverage ratio of 3.72.
The face value of the bonds are linked to the consumer price index (CPI), so the return is the inflation rate plus the yield.
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