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Australia's 30-Year Bonds Look Set for Strong Investor Demand

Updated on
  • Rate on Australia’s 20-year note reached 2.87% this week
  • Sale of country’s longest-ever bond to be priced Wednesday

Australia looks set to pay higher borrowing costs than it might have anticipated a few weeks ago when the government announced its first ever 30-year bond. That could be just the thing to tempt investors.

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