RBA buys A$500m govt bonds, mostly Nov 2027

By Sophia Rodrigues

Published On 04 May 2020 , 04:19 PM

The RBA bought A$500 million of April 2027 to November 2028 government bonds, focusing 65% of the purchase on the November 2027 bond.

The yields on the 2028 bonds were significantly lower than last week, when the  May 2028 bonds were bought at a weighted average yield of 0.7833% and the November 2028 bond was bought at 0.8243%

 

Issuer Coupon
%
Maturity
mm/yy
Amount purchased
(face value) $m
Weighted average yield
%
Cut-off yield
%
CGS 4.75 04/27 23 0.5675 0.5675
CGS 2.75 11/27 327 0.6395 0.6375
CGS 2.25 05/28 141 0.6962 0.6950
CGS 2.75 11/28 9 0.7425 0.7425

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