RBA buying A$3B under yield target policy (as CB-Intel flagged)
By Sophia RodriguesPublished On 26 Feb 2021 , 11:38 AM
The RBA has announced it will buy A$3 billion of the April 2023 and April 2024 government bonds under the yield target policy.
As CB-Intel wrote yesterday, the RBA will defend its three-year yield target, and this morning wrote there is a possibility it will buy bonds today even though it is not usually a day of bond-buying.
The RBA has sent a strong signal it will defend the 0.1% three-year yield target, so it will be interesting to see what yield is achieved at the auction today.
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
The Reserve Bank of New Zealand has announced the promotion Christian Hawkesby to the position of deputy governor, ef...Published on : 06 Oct 2021 , 12:00 AM