The Australian Office of Financial Management (AOFM) will offer $900 million of short-dated Treasury notes in two tranches at a tender on Thursday July 2.

The issue comprises $600 million of notes maturing on October 23, 2009 and $300 million of notes maturing on January 22, 2010.

The RBA said it would not take up any of the offer.

Bids can be lodged between 1015 AEST and 1030 AEST on Thursday, July 2.

The results will be announced soon after.

Settlement is Friday, July 3.

AAP