RBA bond-buying announcement keenly awaited

By Sophia Rodrigues

Published On 22 Feb 2021 , 10:58 AM

Market looking forward to RBA's bond-buying announcement today for purchases under three-year yield target policy following rise in yields since Friday afternoon. 

The RBA last bought the April 2024 bond on December 10, when it also purchased the April 2023 bond. It will be interesting to see whether the RBA buys just April 2024, or both the April 2023 and April 2024, should it decide to do any buying under the yield target policy today.

LATEST SNIPPETS

RBA Lowe at parliamentary hearing via videoconference on Thu

RBA governor Philip Lowe will appear before a Select Senate Committee on COVID-19 on Thursday. Lowe will answer quest...

Published on : 25 May 2020 , 06:37 PM
AOFM sells Nov 2022 bond at record low tender yield 0.2384%

The AOFM has sold A$2.0 billion of 2.25% November 2022 government bond at a weighted average issue yield of...

Published on : 25 May 2020 , 11:05 AM
AOFM provides issuance update; no more syndication this year

The AOFM has announced an issuance update today, saying total gross bond issuance for 2019-20 would be A$130 billion,...

Published on : 22 May 2020 , 12:15 PM
AOFM sells Nov 2024 bond at 0.3576%

The AOFM has sold A$2.0 billion of 0.25% November 2024 government bond at a weighted average issue yield of 0.35...

Published on : 22 May 2020 , 11:04 AM
T-notes tender beyond six months may be back today

The decision to issue T-notes beyond six-month maturity is a tricky one for the AOFM, as it needs to balance the slig...

Published on : 22 May 2020 , 08:59 AM
Important to note sharp April retail sales fall came after March jump

The 17.9% m/m record fall in retail sales (preliminary) for April published by the Australian Bureau of Statistics to...

Published on : 20 May 2020 , 12:31 PM
AOFM sells 2032 bond at 1.0672% Yield

The AOFM has sold A$2.0 billion of 1.25% May 2032 government bond at a weighted average yield of 1.0672%.&n...

Published on : 20 May 2020 , 11:05 AM
ANZ analysts see total A$300B AGS issuance now to June 2021

ANZ analysts expect total issuance of Australian government securities to exceed A$300 billion between now and June 3...

Published on : 20 May 2020 , 10:21 AM
AOFM sells May 2028 govt bond at 0.7711%

The AOFM has sold A$1.0 billion of 2.25% May 2028 government bond at a weighted average yield of 0.7711%. T...

Published on : 18 May 2020 , 11:05 AM
AOFM Restricts Maturity of Next Wk's Treasury Note Tenders to Six Months

The AOFM has announced the following tenders for next week, totaling A$5.0 billion of bonds and A$4.0 billi...

Published on : 15 May 2020 , 12:15 PM