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...

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...

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...

RBA Yield Curve Steepens Marginally At 3rd Auction, More of 2028...

By Sophia Rodrigues

The Reserve Bank of Australia bought the entire A$4 billion of notified amount it announced for the government bond-buying auction Tuesday but instead of flattening the curve further, it steepened marginally.

Analysis: RBA Manages Curve Flattening; May Aim For More, 10-yr?

By Sophia Rodrigues

The Reserve Bank of Australia has managed to flatten the yield curve in the short to medium-end after two days of government bond-buying but the aim to achieve a further flattening might see them doing more purchases...