AOFM sells April 2024 at 0.3003% vs record low 0.2818%

By Sophia Rodrigues

Published On 22 Jun 2020 , 02:00 PM

The AOFM sold A$2.0 billion of 2.75% April 2024 government bond at a weighted average yield of 0.3003%, higher than the record low of 0.2818% acheived at the previous auction on May 15. The coverage ratio was 4.4715 times, versus record of 6.5375. The lowest yield today was 0.2975% and the highest 0.3025%.

There were 49 bids in total, and only 19 were successful, and among them 8 got 100% allotment.

With this issue, this bond line has now increased A$32.9 billion. The bond was first issued in June 2012 for A$1.0 billion at a weighted average yield of 3.2816%.


No demand for USD at RBA's third repo auction

No demand for US dollars at the RBA's fourth repo auction. Overall too, there has been tiny demand for US dollars...

Published on : 17 Apr 2020 , 09:22 AM
RBA buys A$810M of April 2025 govt bond

The RBA has bought the entire A$1.0 billion of government bonds it notified this morning, with 81% of the buying in t...

Published on : 16 Apr 2020 , 12:00 AM
RBA tapers bond-buying further to A$1.0B

As expected, the RBA has reduced its bond-buying further today, notifying an amount of A$1.0 billion, compa...

Published on : 16 Apr 2020 , 12:42 PM
Australia New 2024 Allocation -- 17.3% to Hedge Funds, 31.5% to Bks-Trading

Despite declining nearly half of the bids at the clearing price, 17.3% of the new 0.25% November 2024 syndicated bond...

Published on : 16 Apr 2020 , 09:22 AM
Australia govt makes record for new 2024 bond issue

The Australian government has set a record for a new bond issue, printing A$13 billion of the new 0.25% Nov...

Published on : 15 Apr 2020 , 01:28 PM
RBA buying semis Jan 2028-Dec 2030

The RBA is buying semi-government bonds today for A$1.5 billion in the maturity range January 2028 to December 2030....

Published on : 15 Apr 2020 , 12:43 PM
RBA buying concentrated in Nov 2022 govt bond

The RBA bought the entire A$1.5 billion it notified this morning, with 65% of the purchases concentrated in the Novem...

Published on : 14 Apr 2020 , 04:14 PM
RBA buying A$1.5B govt bond at short end

The RBA is buying government bonds at the tapered pace of last Thursday, announcing a notified amount of A$...

Published on : 14 Apr 2020 , 12:07 PM
RBA buys entire A$1.5B; Ylds up vs similar past purchases

The RBA bought the entire A$1.5 billion it offered to purchase today. In case of the 2028 bonds, the cut-of...

Published on : 09 Apr 2020 , 03:58 PM
RBA sells US$500m at third repo auction

The Reserve Bank of Australia’s third repo auction to provide US dollars attracted marginally less demand...

Published on : 09 Apr 2020 , 12:15 PM