Analysis: 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 PM
RBA 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 PM
RBA 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
RBA Bond-Buying Thu Focused on Short End

By Sophia Rodrigues

The Reserve Bank of Australia has announced bond-buying for the fifth consecutive day but in a surprise move the purchases on Thursday are all aimed at the short end of the curve.

The RBA is buying A$3 billi...

26 Mar 2020, 11:35 AM
RBA Providing USD Via Repos To Cool FX Swaps Market

By Sophia Rodrigues

The Reserve Bank of Australia is providing US dollars in the local market via repurchase auction, a move aimed mainly at addressing dysfunction in the swaps market but likely also aimed at reducing  volatility in...

26 Mar 2020, 09:10 AM