Post by Australian Office of Financial Management

This week AOFM launched a new 5.00% 21 June 2036 Green Treasury Bond which was priced at a yield to maturity of 5.065 per cent. The issuance size was set at A$7.5 billion in face value terms, exceeding the A$7.0 billion raised through the inaugural 21 June 2034 Green Treasury Bond issued in 2024. The total volume of Green Treasury Bonds on issue now stands at A$17.5 billion. The transaction attracted strong support from a diverse base of domestic and offshore investors. The final order book reached A$24.4 billion, surpassing the A$22.9 billion achieved for the 21 June 2034 green bond. This robust demand enabled pricing to be set near the tighter end of the initial pricing guidance. CBA, NAB, UBS and Westpac acted as Joint Lead Managers for the transaction. Thank you to all investors and JLMs for their support and participation in the deal.