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australian-government-bondSYDNEY: Australian debt futures rallied on Tuesday after the Reserve Bank of Australia (RBA) kept interest rates unchanged and sounded less certain about the global economic outlook.

The three-year bond futures rose as high as 95.750, up 0.25 points on the day, reaching highs not seen since July 2009. Interbank futures also rose strongly as some in the market again priced in the chance of an interest rate cut.

The move was encouraged by big losses in Asian stocks as worries about the health of the global economy mounted following Monday's sluggish manufacturing data.

 

Copyright Reuters, 2011

 


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln