SYDNEY (Reuters) - Australia's Office of Financial Management plans to sell around A$70 billion ($52.14 billion) of government debt in the fiscal year to the end of June 2019, it said on Wednesday.
The issuance plans follows Tuesday's annual budget from the Liberal-National coalition government. Weekly Treasury Bond tenders of around A$1 billion will be held for the remainder of 2017/18 and are planned for 2018/19, the government agency said.
It plans to establish new bond lines maturing in September 2023, May 2030, December 2030 and May 2041.
Regular tenders will continue to underpin the issuance programme and syndication will be considered for the issue of some new bond lines. Syndicated taps of existing long-dated bond lines will also be considered.
It plans buybacks of around A$15 billion in 2018/19 for bonds maturing after June 30, 2019.
(Reporting by Wayne Cole; Editing by Paul Tait)
