RBA buying A$2B of Nov 2028-May 2032 at 1st QE
By Sophia RodriguesPublished On 05 Nov 2020 , 11:21 AM
The RBA is buying A$2 billion of November 2028 to May 2032 government bonds (excluding December 2030 bonds) as part of its bond-buying under the Quantitative Easing program.
The bonds within that maturity include November 2028, April 2029, November 2029, May 2030, June 2031, November 2031 and May 2032.
The RBA announced on Tuesday it will buy A$100 billion of 5-10-year bonds over the next six months.The RBA plans to purchase around A$5 billion of bonds via multi-price auction every week . The initial auctions would be comprise of around A$2 billion of AGS every Monday and Thursday, and around A$1 billion of Semis on Wednesdays.
The RBA said it will closely monitor the impact of purchases on market functioning and will adjust the auctions if necessary, including their size, composition and timing.
There is greater interest in the Mid-Year Economic and Fiscal Outlook this year given the slow pace of government bor...Published on : 10 Dec 2021 , 12:00 AM
The RBA's bond purchase program included the April 2024 government bond for the first time since it abandoned the...Published on : 08 Nov 2021 , 06:39 PM
(This snipped was first published on Friday, October 29 at 9:37 AM as email to premium subscribers)
The Res...Published on : 29 Oct 2021 , 04:37 PM
(This snipped was first published on October 28 at 1039 AM)
Australia’s bond market is once again tes...Published on : 29 Oct 2021 , 04:36 PM
National Australia Bank economists expect the RBA to end its bond purchase program (QE) by February, making it the fi...Published on : 29 Oct 2021 , 02:39 PM
Australia's Q3 CPI shows core inflation rising into RBA's target band for the first time since 2015 (and impo...Published on : 27 Oct 2021 , 11:39 AM
Big four banks on the RBA's 0.1% target on April 2024 bond:
--ANZ expects the RBA to drop the target wh...Published on : 27 Oct 2021 , 10:55 AM
Economists at ANZ Bank expect the RBA to drop the 10bps target on April 2024 bond if it brings forward timing for the...Published on : 27 Oct 2021 , 09:18 AM
The amount of Australian dollar currency notes on issue crossed the A$100 billion mark this week, rising to A$100.153...Published on : 22 Oct 2021 , 05:25 PM
Following RBA announcement after market hours Tuesday about indicative fee for borrowing (RBA as lender) April 2023 a...Published on : 20 Oct 2021 , 10:12 AM