STOREFRONT Australian Office of Financial Management

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Overview​

The Australian Office of Financial Management (AOFM) is a part of the Australian Government's Department of the Treasury. It manages the Australian Government's debt portfolio. Its reports on debt management directed at ensuring that the Commonwealth debt portfolio is managed at least cost, subject to the Government's policies and risk references.

Debt (as of October 2004):	Amount:	Interest Payable (per annum):	Value of Securities Issued:
Debt to World Bank:	$0	0%	$0
Debt to Foreign Governments/Central Banks:	$0	0%	$0
Debt to Private Companies:	$0	0%	$0

Australian Government Securities​

Australian Government Securities (AGS) are issued by the Commonwealth of Australia through the AOFM. The AOFM issues three types of securities: Treasury Bonds; Treasury Indexed Bonds; and Treasury Notes. All AGS are denominated in U.S. dollars and are issued by competitive tender into the primary (wholesale) market. Syndications are occasionally used to establish new bond maturities or to tap existing bond lines. AGS are exempt from non-resident interest withholding tax (IWT). Treasury Bonds are medium to long-term debt securities in denominations of $1,000 that carry an annual rate of interest fixed over the life of the security, payable semi-annually (21 May and 21 November). New bonds are issued annually at 2 (medium-term) and 6 year (long-term) lengths, adjusted for Bond Yields. Previous year bonds will no longer be able to be purchased once new bonds are issued. Treasury Indexed Bonds are medium to long-term securities in denominations of $1,000 for which the capital value of the security is adjusted for movements (positive or negative) in the Consumer Price Index (CPI). Interest is paid quarterly (20 March, 20 June, 20 September and 20 December), at a fixed rate, on the adjusted capital value. At maturity, investors receive the adjusted capital value of the security – the value adjusted for movement in the CPI over the life of the bond. New bonds are issued annually at 2, 4, 6, 8, 12 and 16 year lengths, adjusted for Bond Yields. Previous year bonds will no longer be able to be purchased once new bonds are issued. Treasury Notes are a short-term discount security redeemable at face value on maturity. Terms are less than twelve months. Treasury Notes are issued to assist with the Australian government’s short-term funding requirements. Maturity is available every 4 weeks.

Available Treasury Bond Lines (as of October 2004)​

ISIN:	Interest (annual):	Maturity Date:	Total Value Issued:
AU0000083768	0.25%	21 August 2006
AU3TB0000168	3.25%	21 August 2010

Available Treasury Indexed Bond Lines (as of October 2004)​

ISIN:	Interest (annual):	Maturity Date:	Total Value Issued:	Total CPI Movement at Maturity:
AU0000XCLWP8	3.00%	21 August 2006		TBD
AU000XCLWAV1	2.50%	21 August 2008		TBD
AU0000XCLWV6	2.00%	21 August 2010		TBD
AU0000171134	1.50%	21 August 2012		TBD
AU000XCLWAF4	1.25%	21 August 2016		TBD
AU000XCLWAO6	1.00%	21 August 2020		TBD

Available Treasury Notes (as of October 2004)​

ISIN:	Interest (payable on maturity):	Maturity Date:	Total Value Issued:
AU2CLT260747	0.10%	31 November 2004
AU2CLT090847	0.20%	31 December 2004
AU2CLT230849	0.30%	31 January 2005
AU2CLT130940	0.40%	31 February 2005
AU2CLT270944	0.50%	31 March 2005
AU2CLT111049	0.60%	31 April 2005
AU2CLT081143	0.70%	31 May 2005
AU2CLT221145	0.80%	31 June 2005

Order Form

[TABLE]
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[TD]Nation/Individual/Entity Name:[/TD]
[TD][/TD]
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[TR]
[TD]ISIN:[/TD]
[TD][/TD]
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[TR]
[TD]Investment Value (denominations of $1,000):[/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Date:[/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Name and Position:[/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Signature:[/TD]
[TD][/TD]
[/TR]
[/TABLE]