RESERVE-BANK-OF-AUSTRALIA

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...

RESERVE-BANK-OF-AUSTRALIA, 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...

RESERVE-BANK-OF-AUSTRALIA, 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...

RESERVE-BANK-OF-AUSTRALIA, 26 Mar 2020, 09:10 AM
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.

<...

RESERVE-BANK-OF-AUSTRALIA, 24 Mar 2020, 03:51 PM
RBA Lowe to Deliver Speech, Q&A Via Conference Call Thu

By Sophia Rodrigues

It's a first from the Reserve Bank of Australia.

Governor Philip Lowe will deliver a speech on Thursday live, and will take questions from media and market economists via conference call. The RBA wi...

RESERVE-BANK-OF-AUSTRALIA, 16 Mar 2020, 12:00 AM
RBA Might Buy Bonds Now Via Market Ops; QE Might Come Later

By Sophia Rodrigues

The Reserve Bank of Australia might be in the market to buy government bonds using a tool that is part of its regular market operations but being done now to support the smooth functioning of the market.

Any...

RESERVE-BANK-OF-AUSTRALIA, 16 Mar 2020, 02:06 PM