No pause in RBA bond-buying yet
By Sophia Rodrigues
Published On 27 Apr 2020 , 12:29 PMNo pause yet in RBA's bond buying, with announcement today to buy A$500 million of government bonds maturing in the May 2028 to April 2029 bracket. This is the third time the RBA is targeting the 2028-2029 only maturity, though this time it is still narrower because the November 2029 bond is not included.
There are thus three bonds falling within today's buying criteria -- May 2028, November 2028 and April 2029.
The RBA didn't conduct any bond-buying on Friday but it was already announced there would be no purchases on Tuesdays and Fridays.
LATEST SNIPPETS
RBA Will Cut Tue But Lowe's Speech Not a Clue
Someone asked me this morning whether a strong clue of RBA rate cut today is the fact that Governor...
Published on : 01 Oct 2019 , 11:26 AMRBA QE Would be About Lowering Exchange Rate
I've spent a bit of time researching whether the RBA will do QE, at what point they will do it, and in what...
Published on : 09 Aug 2019 , 11:19 AMRBA Won't Give Up on Inflation Target
Few interesting stories 2day about RBA's inflation target. I am finding it hard to believe RBA will give up...
Published on : 25 Jul 2019 , 11:15 AMRBA may Debate 50bps Cut at July meeting
Two weeks ago it seemed RBA would not cut the cash rate in July, let alone lowering it by 50bps. But I did sugge...
Published on : 21 Jun 2019 , 11:13 AMRBA Will Cut Cash Rate Today, Watch Comments on Labor Mkt Capacity
The RBA will cut the cash rate to a new record low at its meeting today and will maintain an easing bias. The market...
Published on : 04 Jun 2019 , 07:33 AMRBA Should Cut Soon, Not Wait
Any RBA rate cut now would be from a position of strength. The last thing the RBA should do is wait for this strength...
Published on : 07 Mar 2019 , 07:10 AMRBA's Own Video makes Arguments for Rate Cut
If you've not seen this video from RBA, you should see it if monpol is your area of interest. While the vide...
Published on : 06 Mar 2019 , 07:07 AMNo RBA Rate Cut Call from Any Big Four Bank Yet?
I must say I am surprised none of big four banks have made RBA rate cut call......yet
Published on : 12 Feb 2019 , 07:05 AMRBA may not turn dovish yet but acknowledge balance of risks have changed
One of the most awaited RBA cash rate statements is due today and hardly likely to be exciting. Key themes would...
Published on : 05 Feb 2019 , 07:02 AMAPRA will Change Loan Serviceability Floor
Given there isn't any other quantitative restriction with respect to macroprudential policy for housing market th...
Published on : 31 Jan 2019 , 06:33 AM