$3.3bn Eurobond: DMO to pick advisers via open bids

The Debt Management Office (DMO) yesterday announced that it plans to appoint advisers for a $3.3 billion Eurobond issue through an open competitive bid process and expects to complete an approval process for the sale soon. According to the DMO, the new Eurobond will be used to partly fund the Federal Government's 2020 budget deficit and refinance an existing $500 million eurobond due in January next year. 'Whilst the approval processis expected to be completed soon, transaction adviserswill be through an open competitive bidding process,' the
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