Analysis: Ten Days of RBA Bond-Buying And Market’s Already Hooked
By Sophia Rodrigues
The Reserve Bank of Australia has bought bonds every single day since it began its purchases, inadvertently creating an expectation that it will always be present in the secondary market.
There is also a lac...
03 Apr 2020, 10:38 AMAnalysis: Back to Pre-1980s; Landmark RBA MonPol Moment We Missed
By Sophia Rodrigues
A landmark moment in the Reserve Bank of Australia’s monetary policy went largely unnoticed last month – the use of two instruments to pursue monetary policy objective after using one for at least three de...
01 Apr 2020, 01:43 PMAnalysis: RBA Buys Short-End Bonds Again But 3-Yr Remains “Tight...
By Sophia Rodrigues
The Reserve Bank of Australia bought a huge A$1.8 billion of three-year government bonds at the auction Friday but the cut-off yield was still higher than the 0.25% target, indicating there continues to be dislocation...
27 Mar 2020, 04:34 PMRBA Cancels Media Lockups, No Early Access Too
By Sophia Rodrigues
The Reserve Bank of Australia has cancelled all media lockups until further notice, and will also not be providing those documents under embargo.
The RBA provides documents to select media under embargo...
26 Mar 2020, 09:12 PMRBA Buys Entire A$3B Bonds Thu But Skips 2024 Bond
By Sophia Rodrigues
The Reserve Bank of Australia bought entire A$3 billion of government bonds at the auction Thursday but purchased five out of the six bonds it offered to buy.
The RBA didn’t buy any April 2024 bond. 26 Mar 2020, 04:12 PM
RBA’s USD Repo Auction Generates Poor Demand
By Sophia Rodrigues
The Reserve Bank of Australia’s first repo auction to provide US dollars has failed to generate any demand, with just A$50 million sold against a maximum amount of A$10 billion.
The outcome is unlikely...
26 Mar 2020, 12:25 PM