RBA buys entire A$1.5B; Ylds up vs similar past purchases
By Sophia Rodrigues
Published On 09 Apr 2020 , 03:58 PMThe RBA bought the entire A$1.5 billion it offered to purchase today. In case of the 2028 bonds, the cut-off yield was significantly higher compared with the purchases of the same bonds on Monday, and in line with steepening in the 2s/10s curve. On Monday, the cut-off yield on May 2028 was 0.6550% and on Novembr 2028 it was 0.6925%.
| Issuer | Coupon % |
Maturity mm/yy |
Amount purchased (face value $m) |
Weighted average yield % |
Cut-off yield % |
|---|---|---|---|---|---|
| CGS | 2.25 | 05/28 | 508 | 0.7849 | 0.7800 |
| CGS | 2.75 | 11/28 | 623 | 0.8263 | 0.8200 |
| CGS | 3.25 | 04/29 | 238 | 0.8572 | 0.8500 |
| CGS | 2.75 | 11/29 | 131 | 0.8871 | 0.8850 |
LATEST SNIPPETS
RBA buys entire A$3B; Nov 2028 cut-off Yld drops 8.75bps vs Mon
The RBA bought entire A$3 billion of government bonds it offered to purchases earlier today. The cut-off yield o...
Published on : 01 Apr 2020 , 05:14 PMRBA buying Australian govt bonds; April 2026-Nov 2029
The RBA is buying Australian government bonds today under the yield target policy, targeting its buying once again in...
Published on : 01 Apr 2020 , 11:51 AMResults of RBA's purchase of semis; yields dn vs last week
The Reserve bank today purchased the following semi-government bonds for a total of A$3 billion. Many of these bonds...
Published on : 31 Mar 2020 , 04:31 PMRBA back to buying semi-government bonds
The RBA is continuing with its bond-buying program Tuesday, and this time it is back to buying semi-government bonds....
Published on : 31 Mar 2020 , 12:02 AMRBA buys entire A$3B bonds; focuses on 2027
Results of the RBA's government bond-buying auction Monday:
The RBA bought the entire A...
Published on : 30 Mar 2020 , 12:00 AMRBA buying A$3B bonds, April 2026-April 2029 maturity
The RBA is continuing with its bond-buying spree under the yield target policy but after two days of focusing on the...
Published on : 30 Mar 2020 , 11:57 AMRBA to publish minutes on April 1 of special March board meeting
RBA will publish on April 1 the minutes of the special monetary policy announcement made on March 19. The meeting too...
Published on : 23 Mar 2020 , 06:15 PMRBA Parliamentary Hearing Bit Unusual But Not Extraordinary
RBA deputy governor Guy Debelle will be appearing before the Economics Legislation Committee in Canberra late evening...
Published on : 04 Mar 2020 , 03:26 PMEx-centralbanker Says RBA Might Do 25+25, Not 50
An ex-centralbanker with strong experience in monetary policy during the global financial crisis says the RBA is more...
Published on : 02 Mar 2020 , 02:44 PMWestpac Evans Expects RBA Cut Tue, QE by mid-year
Not much forecasting on RBA by Westpac's chief economist Bill Evans other than a 25bps cut in the cash rate...
Published on : 02 Mar 2020 , 11:14 AM