SYDNEY, Oct 12 (Reuters) - Australia has sold A$7.6 billion ($5.8 billion) of 30.5-year bonds, pricing it at a yield of 3.27 percent, the funding arm of the government said on Wednesday.
The margin was set at 101 basis points over the 10-year futures' implied bid yield and is at the lower end of the initial marketing range of 100 to 107 basis points.
The order book was in excess of A$13 billion, the Australian Office of Financial Management (AOFM) said.
The offer matures on 21 March 2047 with settlement on 19 Oct.
ANZ Bank, Citi, Commonwealth of Australia, Deutsche Bank (DE:DBKGn), UBS and Westpac jointly managed the sale.
($1 = 1.3187 Australian dollars)