Headlines from the RBNZ’s November MPS on FLP:
By Sophia Rodrigues
Published On 11 Nov 2020 , 12:09 PMHeadlines from the RBNZ’s November MPS on FLP:
-Plan to implement Funding for Lending Programme in early December
-Funding for Lending to be at prevailing OCR (that is floating rate)
-Initial allocation 4% of total loans and advances
-Additional allocation will be conditional one at 2%
-Term of FLP 3 years
-Initial allocation available for 18 months
-Additional allocation for further 6 months
-Additional allocation to be 50cents for every NZ$1 increase in loans
LATEST SNIPPETS
Key headlines from RBA statement Tuesday
From the RBA's February Monetary Policy Decision statement:
--QE extension of A$100 billion after current...
AOFM updates issuance guidance for rest of the year
Following the release of MYEFO on Thursday, the Australian Office of Financial Management has updated issuance plans...
Published on : 18 Dec 2020 , 09:06 AMFinally the MYEFO date...
After a few phone calls, I finally managed to get confirmation that MYEFO will be published on Thursday. Even the Tre...
Published on : 14 Dec 2020 , 10:45 AMHeadlines from RBA Debelle's speech Tuesday
Headline from RBA Deputy Governor Guy Debelle’s speech Tuesday:
--RBA CAREFULLY MONITORING IMPACT OF...
Published on : 24 Nov 2020 , 01:30 PMRBA not buying bonds under yield target; A$2B under QE
The RBA will buy A$2.0 billion of November 2024 to May 2028 AGS under the A$100 billion QE program today.
T...
Published on : 19 Nov 2020 , 11:23 AMRBA buying longer-term Semis today
The RBA is buying A$1.0 billion of Semis with maturities in the July 2028 to May 2032 range. This is part of its purc...
Published on : 18 Nov 2020 , 11:30 AMRBA again buying April 2024 under yield target plus A$2B QE
For the third time in a row, the RBA is buying bonds under the 3-year yield target policy at the same time as it is p...
Published on : 16 Nov 2020 , 11:20 AMCBA economists see Australia jobless rate at 5.75% by end-2021
A very bold set of forecasts from CBA economists who have just upgraded their forecasts for Australian economist.
... Published on : 13 Nov 2020 , 10:20 AMRBA buys 2024 bond at 0.1142% weighted avg yield; 2030 bond at 0.9133%
The RBA bought A$2.0B of April 2024 government bond at a cut-off yield of 0.1075% and weighted average yield of 0.114...
Published on : 12 Nov 2020 , 06:26 PMRBA buying A$2B of April 2024 plus A$2B QE
The RBA is buying A$2 billion of April 2024 government bonds under the yield target policy, in addition to its purcha...
Published on : 12 Nov 2020 , 11:24 AM