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When the Australian government issues government bonds during a tender, the cumulative aggregate/total demand by bidders is the following: Total cumulative aggregate demand (in

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When the Australian government issues government bonds during a tender, the cumulative aggregate/total demand by bidders is the following: Total cumulative aggregate demand (in AUD million face Yield value) 2.20% 2,200 2.15% 2,050 2.10% 1,950 2.05% 1,900 2.00% 1,820 The Australian government is intending to sell AUD million 2,000 face value bonds using a variable discriminatory tender. The money of the issue will be paid on the Australian government account in the RBA, Australia's central bank.

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