RBA buying Australian govt bonds; April 2026-Nov 2029

By Sophia Rodrigues

Published On 01 Apr 2020 , 11:51 AM

The RBA is buying Australian government bonds today under the yield target policy, targeting its buying once again in the 2026 to 2029 maturity. It did this on Monday but instead of April 2026-April 2029 then, it is doing April 2026-November 2029 today. This means an additional bond falls within its buying target.

The RBA is buying maximum A$3 billion of government bonds.

The bonds falling within this maturity are:
-4.25% April 2026
-4.75% April 2027
-2.75% November 2027
-2.25% May 2028
-2.75% November 2028
-3.25% April 2029
-2.75% November 2029

LATEST SNIPPETS

RBA Should Cut Now to Avoid QE

A few weeks back I wrote an article about how in theory the RBA could avoid QE, but to do so requires continuation of...

Published on : 31 Oct 2019 , 07:15 AM
Australia: Housing Group Numbers Disappoint Most in CPI

The most disappointing numbers in Australia Q3 CPI are the ones for housing group. Rent rose 0.4% y/y (and below 1.0%...

Published on : 30 Oct 2019 , 07:13 AM
Challenges of Communication. AOFM Tender Doesn't Sell Fully

Challenges of communication!

This morning a 3-mo Aussie T-note auction received lukewarm response --A$936m...

Published on : 24 Oct 2019 , 07:08 AM
RBA Debelle's speech is Dovish

RBA Debelle: Monpol is concerned about aggregate outcomes for inflation and unemployment. In that regard, unemploymen...

Published on : 17 Oct 2019 , 07:07 AM
Social Media Lesson for RBA

A social media lesson for the Reserve Bank of Australia. This morning the RBA posted a tweet about their new $20 note...

Published on : 09 Oct 2019 , 07:00 AM
RBA Will Cut Tue But Lowe's Speech Not a Clue

 

Someone asked me this morning whether a strong clue of RBA rate cut today is the fact that Governor...

Published on : 01 Oct 2019 , 11:26 AM
RBA QE Would be About Lowering Exchange Rate

I've spent a bit of time researching whether the RBA will do QE, at what point they will do it, and in what...

Published on : 09 Aug 2019 , 11:19 AM
RBA Won't Give Up on Inflation Target

Few interesting stories 2day about RBA's inflation target. I am finding it hard to believe RBA will give up...

Published on : 25 Jul 2019 , 11:15 AM
RBA may Debate 50bps Cut at July meeting

Two weeks ago it seemed RBA would not cut the cash rate in July, let alone lowering it by 50bps. But I did sugge...

Published on : 21 Jun 2019 , 11:13 AM
RBA Will Cut Cash Rate Today, Watch Comments on Labor Mkt Capacity

The RBA will cut the cash rate to a new record low at its meeting today and will maintain an easing bias. The market...

Published on : 04 Jun 2019 , 07:33 AM