Australia's deals of the year: local currency bond
The Australian Office of Financial Management invigorated an overlooked form of funding with its A$4 billion inflation-linked bonds due 2025. It wins Asiamoney's award as the best local currency bond in Australia for the last year.
BEST LOCAL CURRENCY BOND
Australian Office of Financial Management (AOFM) A$4 billion 3% inflation-linked bonds due 2025
Bookrunners: Deutsche Bank, RBS, UBS
In 2003, then-Australian treasurer Paul Costello stated that Canberra could stop issuing bonds because it had a budget surplus. He was heavily lobbied not to do so by
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