Tracking 2010 government bond issues
January 29, 2010
This list tracks all bond and treasury note issues by the Rudd Government since it was elected in November 2007. There has now been more than $40 billion raised since the second stimulus package was unveiled on February 3, 2009. There was one in December 2007, 14 in 2008 and in 100 in 2009.
Friday, January 29 , 2010: $500m tender of 10 year bonds expiring in March 2019 were sold for an average yield of 5.41% and was 2.8 times over-subscribed.
Wednesday, January 27 , 2010: $700m tender of 4 year bonds expiring in May 2013 were sold for an average yield of 4.92% and was 1.4 times over-subscribed.
Friday, January 22 , 2010: $700m tender of 3 year bonds expiring in April 2012 were sold for an average yield of 4.66% and was 4.8 times over-subscribed.
Wednesday, January 20 , 2010: $500m tender of 11 year bonds expiring in April 2020 were sold for an average yield of 5.63% and was 2.5 times over-subscribed.
Friday, January 15 , 2010: $700m tender of 5 year bonds expiring in April 2015 were sold for an average yield of 5.38% and was 4.5 times over-subscribed.
Wednesday, January 13 , 2010: $500m tender of 10 year bonds expiring in March 2019 were sold for an average yield of 5.49% and was 2.6 times over-subscribed.
Treasury Corporation of Victoria: hoping to borrow $4.35 billion in 2008-09
Queensland Treasury Corp: raised a staggering $13.8 billion in 2007-08, lifting the overall debt figure to $43 billion and was orginally projecting a record $16.3 billion for 2008-09, but is going to fall well short.
NSW Treasury Corporation: a 2008-09 funding requirement of $6.8 billion but all but $4.9 billion was pre-borrowed in a sensible move.
WA Treasury Corporation: latest update as of December 31 forecasts record $6.8 billion borrowing program for 2008-09.
SA Financing Authority: $8.7 billion in loans outstanding at the end of last financial year and is scheduled to borrow more than $2 billion this financial year.