RBA sells US$500m at third repo auction

By Sophia Rodrigues

Published On 09 Apr 2020 , 12:15 PM

The Reserve Bank of Australia’s third repo auction to provide US dollars attracted marginally less demand this week compared to the week before. The RBA sold US$500 million against a maximum amount of US$10 billion versus US$600 million sold last week.
Like the first two repos, the term was 84 days but the cut-off rate this time was 0.33% versus 0.32% last week.

LATEST SNIPPETS

RBA buying A$2B of Nov 2028-May 2032 at 1st QE

The RBA is buying A$2 billion of November 2028 to May 2032 government bonds (excluding December 2030 bonds) as p...

Published on : 05 Nov 2020 , 11:21 AM
RBA re-opening media lockups?

It appears the RBA's media lock-ups will restart from Friday when the Statement on Monetary Policy will be publis...

Published on : 04 Nov 2020 , 04:16 PM
Headlines from RBA Lowe's Speech Tuesday

RBA Lowe: No Change in View Little To Be Gained from Negative Policy Rate
RBA Lowe: Negative Policy Rate Extra...

Published on : 03 Nov 2020 , 04:06 PM
More Headlines from RBA Policy

Any bond-buying to support 3-yr target would be in addition to A$100B QE

Not expecting to raise cash rate f...

Published on : 03 Nov 2020 , 02:35 PM
Headline from RBA's November MonPol Decision

From the RBA's November Monetary Policy Decision statement:

-Cuts cash rate target to 0.1% from 0.25% Published on : 03 Nov 2020 , 02:31 PM

RBA TFF drawdown steady since Sep 30 as bks await rate cut

Total amount drawdown from the RBA's Term Funding Facility has been unchanged for three straight weeks...

Published on : 30 Oct 2020 , 04:13 PM
Australia Note yields continue declining on expectation of 1bp ES rate

Yields fell further to new record lows at the AOFM weekly T-Note tenders as market factors in the possibili...

Published on : 29 Oct 2020 , 10:42 AM
Australia Note yield drop to new low ahead of RBA cuts

As expected, the yield on near-term T-Note fell to a new record low at today's AOFM's auction. The weighted a...

Published on : 22 Oct 2020 , 10:40 AM
Could Australia Note Yield Drop to New Low at Auction?

Looking forward to the AOFM's weekly T-Note auctions later this morning. The record low weighted average yield fo...

Published on : 22 Oct 2020 , 10:09 AM
RBA Kent's speech title

The title of RBA assistant governor Chris Kent's  speech on Tuesday is a very interesting one, "The Sta...

Published on : 19 Oct 2020 , 08:19 PM