Australia's better-than-expected economic performance since the last Commonwealth budget in May will lead to a reduction of government bond issuance of up to A$10 billion (US$9.06 billion) in the rest of the 2009/10 financial year, according to a November 5 statement from the Australian Office of Financial Management (AOFM). Total issuance for the year is now expected to be A$50.2-52.2 billion instead of the expected A$60 billion.

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KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
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