RBA to buy AGS for second straight day

By Sophia Rodrigues

Published On 06 Aug 2020 , 11:42 AM

The RBA has announced bond-buying via auction for the second consecutive day, keeping the notified amount unchanged at A$500 million but buying three government bond lines rather than just the April 2023 bond on Wednesday.

The RBA will buy the November 2022, April 2023 and the April 2024 government bond today. The decision is likely spurred by the results of yesterday's auction which saw the cut-off yield on the April 2023 at 0.2525% and the weighted average at 0.2575%. 

LATEST SNIPPETS

No demand for USD at RBA's third repo auction

No demand for US dollars at the RBA's fourth repo auction. Overall too, there has been tiny demand for US dollars...

Published on : 17 Apr 2020 , 09:22 AM
RBA buys A$810M of April 2025 govt bond

The RBA has bought the entire A$1.0 billion of government bonds it notified this morning, with 81% of the buying in t...

Published on : 16 Apr 2020 , 12:00 AM
RBA tapers bond-buying further to A$1.0B

As expected, the RBA has reduced its bond-buying further today, notifying an amount of A$1.0 billion, compa...

Published on : 16 Apr 2020 , 12:42 PM
Australia New 2024 Allocation -- 17.3% to Hedge Funds, 31.5% to Bks-Trading

Despite declining nearly half of the bids at the clearing price, 17.3% of the new 0.25% November 2024 syndicated bond...

Published on : 16 Apr 2020 , 09:22 AM
Australia govt makes record for new 2024 bond issue

The Australian government has set a record for a new bond issue, printing A$13 billion of the new 0.25% Nov...

Published on : 15 Apr 2020 , 01:28 PM
RBA buying semis Jan 2028-Dec 2030

The RBA is buying semi-government bonds today for A$1.5 billion in the maturity range January 2028 to December 2030....

Published on : 15 Apr 2020 , 12:43 PM
RBA buying concentrated in Nov 2022 govt bond

The RBA bought the entire A$1.5 billion it notified this morning, with 65% of the purchases concentrated in the Novem...

Published on : 14 Apr 2020 , 04:14 PM
RBA buying A$1.5B govt bond at short end

The RBA is buying government bonds at the tapered pace of last Thursday, announcing a notified amount of A$...

Published on : 14 Apr 2020 , 12:07 PM
RBA buys entire A$1.5B; Ylds up vs similar past purchases

The RBA bought the entire A$1.5 billion it offered to purchase today. In case of the 2028 bonds, the cut-of...

Published on : 09 Apr 2020 , 03:58 PM
RBA sells US$500m at third repo auction

The Reserve Bank of Australia’s third repo auction to provide US dollars attracted marginally less demand...

Published on : 09 Apr 2020 , 12:15 PM