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FX/Bonds

Australia's Office of Financial Management launches syndicated sale of new 5% May 2038 Treasury bonds, with initial price guidance set at 10-year futures contract plus 6.5-8.5bps; deal expected to price on Tuesday

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AOFM launched a syndicated sale of 5% May 2038 Treasury bonds with guidance at 6.5-8.5bps over 10-year futures, following a trend of stable demand for long-term Australian debt.

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