RBA buying only A$500m of one bond line -- April 2023
By Sophia RodriguesPublished On 05 Aug 2020 , 12:45 PM
The RBA is buying A$500 million of April 2023 government bonds as part of its bond-buying program which it resumed Wednesday after a gap of three months. The 5.50% April 2023 is considered as the benchmark 3-year bond and the aim of RBA buying is to ensure the bond trades around its 0.25% target.
The A$500 million is likely to disappoint market who were expecting the RBA to undertake buying of at least double the amount, and of more than one bond line.
Big four banks' forecast for the RBA cash rate:
--ANZ expects first rate hike in 1H of 2024. "Our...Published on : 17 Sep 2021 , 10:50 AM
Small change in timing of RBA Governor Philip Lowe's speech this afternoon, now at 1300 hours Sydney time (was 12...Published on : 14 Sep 2021 , 11:55 AM
The AOFM is expected to issue A$3.0 billion of 0.25% November 2032 Treasury Indexed Bond after orderbook topped A$7.1...Published on : 24 Aug 2021 , 09:10 AM
The AOFM's syndication of 0.25% November 2032 Treasury Indexed Bond attracted orderbook over A$3.3 billion by 130...Published on : 23 Aug 2021 , 02:23 PM
RBA Governor Philip Lowe's panel participation at a banking conference on Wednesday (June 30) has been cancelled...Published on : 28 Jun 2021 , 11:49 AM
RBA Assistant Governor Luci Ellis will be speaking at AI Group Business Lunch event this afternoon. The speech is due...Published on : 23 Jun 2021 , 11:04 AM
Earlier Wednesday, ANZ published its view on third round of RBA's bond purchase program. In a note Wednesday, ANZ...Published on : 19 May 2021 , 01:44 PM
The AOFM has issued A$14 billion of the 1.75% 21 November 2032 bond issue at a price of +12.5bps, and indicative yiel...Published on : 13 Apr 2021 , 10:22 AM
Pricing for The Australian government's 1.75% 21 November 2032 bond issue has been set at +12.5bps, and the order...Published on : 13 Apr 2021 , 09:37 AM
Westpac has revised its forecast for RBA's Bond Purchase Program, now expecting the second A$100 billion bond-buy...Published on : 26 Mar 2021 , 11:19 AM