RBA again buying April 2024 under yield target plus A$2B QE

By Sophia Rodrigues

Published On 16 Nov 2020 , 11:20 AM

For the third time in a row, the RBA is buying bonds under the 3-year yield target policy at the same time as it is purchasing AGS under the QE program. 

The RBA will buy A$1.5 billion of April 2024 AGS, slightly down from A$2.0 billion when it last bought on Thursday. The RBA is also buying A$2.0 billion of November 2024 to May 2028 AGS.

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