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 PMThe 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
Headlines from RBA Debelle's speech Tuesday
Headline from RBA Deputy Governor Guy Debelle’s speech Tuesday:
--RBA CAREFULLY MONITORING IMPACT OF...
Published on : 24 Nov 2020 , 01:30 PMRBA not buying bonds under yield target; A$2B under QE
The RBA will buy A$2.0 billion of November 2024 to May 2028 AGS under the A$100 billion QE program today.
T...
Published on : 19 Nov 2020 , 11:23 AMRBA buying longer-term Semis today
The RBA is buying A$1.0 billion of Semis with maturities in the July 2028 to May 2032 range. This is part of its purc...
Published on : 18 Nov 2020 , 11:30 AMRBA again buying April 2024 under yield target plus A$2B QE
For the third time in a row, the RBA is buying bonds under the 3-year yield target policy at the same time as it is p...
Published on : 16 Nov 2020 , 11:20 AMCBA economists see Australia jobless rate at 5.75% by end-2021
A very bold set of forecasts from CBA economists who have just upgraded their forecasts for Australian economist.
... Published on : 13 Nov 2020 , 10:20 AMRBA buys 2024 bond at 0.1142% weighted avg yield; 2030 bond at 0.9133%
The RBA bought A$2.0B of April 2024 government bond at a cut-off yield of 0.1075% and weighted average yield of 0.114...
Published on : 12 Nov 2020 , 06:26 PMRBA buying A$2B of April 2024 plus A$2B QE
The RBA is buying A$2 billion of April 2024 government bonds under the yield target policy, in addition to its purcha...
Published on : 12 Nov 2020 , 11:24 AMRBA may buy 3-year government bonds again
Three-year yield on Australian government bonds are currently above the 0.10% target, raising speculation on whether...
Published on : 12 Nov 2020 , 10:51 AMHeadlines from the RBNZ’s November MPS on FLP:
Headlines from the RBNZ’s November MPS on FLP:
-Plan to implement Funding for Lending Programme in ea...
Published on : 11 Nov 2020 , 12:09 PMRBA buying semis in March 2025 to May 2028 maturity
The RBA is buying A$1.0 billion semis today under the A$100 billion bond-buying program.
The purchase...
Published on : 11 Nov 2020 , 11:32 AM