Australia Note yields drop to new low
By Sophia RodriguesPublished On 01 Oct 2020 , 10:43 AM
Yields at AOFM's Treasury Note auctions dropped to new record low on ample liquidity and expectations of cut in the RBA's cash rate target.
Yield on January 2021 Note fell to 0.982% from 0.1% at the tender last week as the lowest accepted bid dropped to 0.085% compared with 0.1% last week.
The July 2021 Note yield declined to 0.1153% versus 0.1211% last week. The lowest accept yield was 0.105%, same as last week but the highest fell to 0.125% from 0.13%
Both tenders saw strong demand with coverage ratio over five times.
The chief executive of the Australian Office of Financial Management Rob Nicholl is leaving to join the International...Published on : 22 Jul 2022 , 04:34 PM
RBA Governor Philip Lowe will deliver a speech on July 20, but the speech will not be released under embargo, the RBA...Published on : 19 Jul 2022 , 04:03 PM
The Reserve Bank of New Zealand raised the official cash rate by 50bps for the third meeting in a row, taking the rat...Published on : 13 Jul 2022 , 12:57 PM
The Reserve Bank of Australia has increased the cash rate target by 50bps to 1.35%, marking two consecutive 50-basis-...Published on : 05 Jul 2022 , 03:03 PM
Westpac chief economist Bill Evans has raised his forecast for RBA cash rate, now expecting the policy rate to end 20...Published on : 07 Jun 2022 , 05:21 PM
Economists at Commonwealth Bank have revised higher their forecast for RBA cash rate, now expecting the rate to reach...Published on : 07 Jun 2022 , 04:58 PM
Economists at National Australia Bank are revising up their RBA cash rate forecast following the 50bps hike on Tuesda...Published on : 07 Jun 2022 , 04:15 PM
The Reserve Bank of Australia raised the cash rate target by 50bps to 0.85%. The rate on Exchange Settlement balances...Published on : 07 Jun 2022 , 02:47 PM
Net export will detract 1.7 percentage points from Australia's March quarter GDP, data published by Australian Bu...Published on : 31 May 2022 , 11:44 AM
The Reserve Bank of New Zealand raised official cash rate by 50bps to 2.0%, as widely expected and issued hawkish pro...Published on : 25 May 2022 , 12:15 PM