Analysis: Win for RBA’s TFF As Initial Allowance Absorbed by Sep...

By Sophia Rodrigues

A few months ago, the Reserve Bank’s Term Funding Facility was the new kid on the block in Australia, viewed with scepticism by many that questioned its effectiveness as an unconventional monetary policy instrum...

Insight: April 2023 Yld Doesn’t Have to Fall When April 2024 Beco...

By Sophia Rodrigues

The April 2024 government bond will soon become the Reserve Bank of Australia’s three-year target but it doesn’t mean it expects the April 2023 yield to fall below the target.

This means at the c...

Analysis: RBA Research Makes Case for Policies Lowering Govt Bond...

By Sophia Rodrigues

At the cash rate target of 0.25%, the Reserve Bank of Australia could potentially lower the rate another 50bps to -0.25%.

But it does not have to venture down that path when it can achieve the same outcome b...

Insight: RBA Oct Meeting Remains Live Despite No Further Hint in...

By Sophia Rodrigues

A further easing in the Reserve Bank of Australia’s monetary policy remains on the cards even though minutes of the September board meeting did not expand on “further monetary measures.”

Oc...

Analysis: RBA’s TFF A Hero Again, This Time Its Target Is CLF

By Sophia Rodrigues

The Reserve Bank’s Committed Liquidity Facility is on the verge of a natural death thanks to its Term Funding Facility, sharp increase in Australian government securities and Semis, and rise in Exchange Settleme...

Analysis: TFF Emerging as RBA’s MonPol Rate as Cash Rate Becomes...

By Sophia Rodrigues

A significant shift in the framework of the Reserve Bank of Australia’s monetary policy is underway that could culminate into the Term Funding Facility becoming the effective instrument for implementing monetary...