RBA buys more of May 2028 govt bonds
By Sophia Rodrigues
Published On 06 Apr 2020 , 04:08 PMThe RBA bought the entire A$2 billion it offered to purchase today, focusing mainly on May 2028 bond. The cut-off yield was slightly higher in line with the rise in yields in the market today.
Following is the result of the auction:
| Issuer | Coupon % |
Maturity mm/yy |
Amount purchased (face value) $m |
Weighted average yield % |
Cut-off yield % |
|---|---|---|---|---|---|
| CGS | 4.75 | 04/27 | 243 | 0.5645 | 0.5625 |
| CGS | 2.75 | 11/27 | 395 | 0.6105 | 0.6100 |
| CGS | 2.25 | 05/28 | 1037 | 0.6613 | 0.6550 |
| CGS | 2.75 | 11/28 | 325 | 0.6941 | 0.6925 |
LATEST SNIPPETS
AOFM sells May 2028 govt bond at 0.7711%
The AOFM has sold A$1.0 billion of 2.25% May 2028 government bond at a weighted average yield of 0.7711%. T...
Published on : 18 May 2020 , 11:05 AMAOFM Restricts Maturity of Next Wk's Treasury Note Tenders to Six Months
The AOFM has announced the following tenders for next week, totaling A$5.0 billion of bonds and A$4.0 billi...
Published on : 15 May 2020 , 12:15 PMAOFM gets strong coverage for April 2024 bond; yield 0.2818%
The AOFM has sold A$2.0 billion of 2.75% April 2024 government bond at a weighted average yield of 0.2818%....
Published on : 15 May 2020 , 11:05 AMCase for cut in RBA's cash rate builds further
The volume in Australia's interbank overnight cash transactions fell to new record low of A$42 million on Tuesday...
Published on : 13 May 2020 , 11:34 AMPrice guidance for AOFM's Dec 2030 bond 7-10bps over 10-yr futures
AOFM has announced the price guidance for the 1% December 2030 Treasury bond -- a spread of 7bps to 10bps over the im...
Published on : 12 May 2020 , 09:06 AMAOFM announces joint lead managers to 2030 syndication
AOFM has announced joint lead managers for the planned syndication of the new December 2030 government bond next week...
Published on : 08 May 2020 , 12:51 PMAOFM to sell new bond line maturing 2030 via syndication
The AOFM has announced a new bond line to be issued via syndication. The bond is December 2030. The joint...
Published on : 08 May 2020 , 12:15 PMFrom RBA's May SOMP Baseline Forecasts
From the RBA’s May Statement on Monetary Policy:
Baseline Scenario:
--GDP growth -8% June 2...
Published on : 08 May 2020 , 11:32 AMAOFM sells A$1.5B 2023 bond below RBA's 0.25% target
The AOFM has sold A$1.5 billion of 5.5% April 2023 government bond at a weighted average yield of 0.2348%.&...
Published on : 08 May 2020 , 11:05 AMNZ inflation expectations lowest on record; house price seen -5% in a year.
New Zealand inflation expectations fell to the lowest on record, with one-year consumer price index inflation at 0.74...
Published on : 07 May 2020 , 01:14 PM