
The Commonwealth of Australia is the federal government of Australia, established upon federation in 1901 and located in Canberra. Its primary purpose is to govern the nation, managing economic stability and development, and providing essential services to its citizens. The government issues a variety of financial instruments, including bonds, treasury notes, and other securities to fund public sector projects and initiatives.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
CBAAU 1.94% 2030-06-26 CHFCommonwealth of Australia | Australia | 2030-06-26 | 1.940 | 0.47 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Australia commenced issuing bonds in the late 19th century, with significant developments occurring in the decades that followed. Notable issuances include the 'New South Wales Government Bond' series and the ‘Commonwealth Government Bonds’ that have been crucial in financing major infrastructure projects. Currently, yields on Commonwealth bonds are competitive against global benchmarks, reflecting stability in investor confidence. Additionally, the government has introduced inflation-linked bonds aimed at protecting investors from inflation risks, recent supply in the market was met with robust demand, reinforcing the bonds' appeal in a volatile economic landscape.