RBA buys entire A$3B; Nov 2028 cut-off Yld drops 8.75bps vs Mon

By Sophia Rodrigues

Published On 01 Apr 2020 , 05:14 PM

The RBA bought entire A$3 billion of government bonds it offered to purchases earlier today. The cut-off yield on the bonds was upto 8.75bps lower than the same bonds purchased on Monday. 

For example, The cut-off yield on the November 2028 bond was 0.6125%, down from 0.7000% on Monday, 0.8225% on March 24 and 0.7925% on March 23.

Issuer Coupon
%
Maturity
mm/yy
Amount purchased
(face value)
$m
Weighted average yield
%
Cut-off yield
%
CGS 4.25 04/26 297 0.4475 0.4450
CGS 4.75 04/27 227 0.5053 0.5000
CGS 2.75 11/27 1652 0.5319 0.5225
CGS 2.25 05/28 316 0.5942 0.5800
CGS 2.75 11/28 398 0.6149 0.6125
CGS 3.25 04/29 30 0.6292 0.6250
CGS 2.75 11/29 80 0.6538 0.6475

 

LATEST SNIPPETS

AOFM issues A$2.0B of Nov 2024 bond at 0.3654%

The AOFM has sold A$2.0 billion of 0.25% November 2024 government bond at a weighted average issue yield of 0.36...

Published on : 03 Jul 2020 , 11:23 AM
AOFM sells Nov 2028 bond at 0.7959%

The AOFM sold A$2.0 billion of 2.75% November 2028 government bond at a weighted average yield of 0.7959%. ...

Published on : 01 Jul 2020 , 11:09 AM
AOFM to tender A$4B of bonds, A$3B of Notes next week

The AOFM has announced tenders for next week, totaling A$5.0 billion of bonds (down from A$4.0 bi...

Published on : 26 Jun 2020 , 12:17 PM
AOFM sells April 2026 bond at record high coverage

The AOFM sold A$1.0 billion of 4.25% April 2026 government bond at a weighted average yield of 0.4790%.&nbs...

Published on : 26 Jun 2020 , 12:12 PM
RBA Lowe to speak at Anika Foundation fundraising webinar July 21

The annual Anika Foundation fundraiser is being held as a webinar this year on July 21 from 1245 pm, with a...

Published on : 25 Jun 2020 , 02:39 PM
AOFM sells April 2029 at 0.8450%

The AOFM has sold A$2.0 billion of 3.25% April 2029 government bond at a weighted average yield of 0.8450%....

Published on : 24 Jun 2020 , 11:08 AM
AOFM sells April 2024 at 0.3003% vs record low 0.2818%

The AOFM sold A$2.0 billion of 2.75% April 2024 government bond at a weighted average yield of 0.3003%, hig...

Published on : 22 Jun 2020 , 02:00 PM
CB-Intel tweets from RBA Lowe's panel participation

--At some point higher AUD could be a problem but we haven't reached the point yet
--Would like lower AUD...

Published on : 22 Jun 2020 , 01:59 PM
AOFM to tender A$5B of bonds, A$3B of Notes next week

The AOFM has announced tenders for next week, totaling A$5.0 billion of bonds (up from A$4.0 billion f...

Published on : 19 Jun 2020 , 12:05 PM
AOFM sells 3.25% April 2025 bond at record low yield

The AOFM has sold A$2.0 billion of 3.25% April 2025 government bond at a weighted average issue yield...

Published on : 19 Jun 2020 , 11:04 AM