RBA buying A$3B under yield target policy (as CB-Intel flagged)
By Sophia Rodrigues
Published On 26 Feb 2021 , 11:38 AMThe RBA has announced it will buy A$3 billion of the April 2023 and April 2024 government bonds under the yield target policy.
As CB-Intel wrote yesterday, the RBA will defend its three-year yield target, and this morning wrote there is a possibility it will buy bonds today even though it is not usually a day of bond-buying.
The RBA has sent a strong signal it will defend the 0.1% three-year yield target, so it will be interesting to see what yield is achieved at the auction today.
LATEST SNIPPETS
RBA Would Change Next Move Up Guidance
Two factors were key to RBA's next rate move up guidance -- Fed and BOC rate hike paths. It was hardly about...
Published on : 10 Jan 2019 , 06:29 AMHappy New Year
Happy New Year everyone. After a mixed 2018, I am looking forward to creating special memories in 20...
Published on : 02 Jan 2019 , 06:28 AMAustralia's export -- the term GFC
How many knew this? The label ‘GFC’ was an export from Australia to the rest of the world - Guy Debelle Published on : 06 Dec 2018 , 05:44 AM