RBA buys 2024 bond at 0.1142% weighted avg yield; 2030 bond at 0.9133%

By Sophia Rodrigues

Published On 12 Nov 2020 , 06:26 PM

The RBA bought A$2.0B of April 2024 government bond at a cut-off yield of 0.1075% and weighted average yield of 0.1142%.

Below is the result of the bond purchases under the QE program:

 

ssuer Coupon
%
Maturity
mm/yy
Amount purchased
(face value)
$m
Weighted average yield
%
Cut-off yield
%
CGS 2.75 11/28 427 0.6829 0.6800
CGS 3.25 04/29 185 0.7299 0.7275
CGS 2.75 11/29 241 0.8038 0.8025
CGS 2.5 05/30 49 0.8513 0.8500
CGS 1 12/30 198 0.9133 0.9125
CGS 1.5 06/31 387 0.9473 0.9450
CGS 1.25 05/32 513 1.0219 1.0200

LATEST SNIPPETS

Market Pricing for RBNZ Cut --How Much is "Will do"?

In their markets outlook on Nov 11, economists at BNZ wrote, "RBNZ shouldn’t cut this week but probably wi...

Published on : 13 Nov 2019 , 12:00 AM
What does RBA's Gentle Turning Point Refer to?

RBA Governor Philip Lowe first referred to gentle turning point at the Parliamentary testimony in August when he said...

Published on : 07 Nov 2019 , 12:00 AM
Expect Dovish RBA Statement, Refined Forward Guidance

It is very unusual for both market and economists to be strongly expecting a particular outcome (hold) for a RBA boar...

Published on : 05 Nov 2019 , 12:00 AM
Australia: More Reason to Buy vs Rent Dwelling

More reason to buy vs rent? For the first time since at least 2007, gross rental yields for properties in Australia&#...

Published on : 01 Nov 2019 , 12:00 AM
Will RBA Debate Further Easing at Nov Meeting?

Even before the RBA Nov board meeting begins, I am curious to find out if there will be a vigorous debate about...

Published on : 30 Oct 2019 , 07:21 AM
RBA Should Cut Now to Avoid QE

A few weeks back I wrote an article about how in theory the RBA could avoid QE, but to do so requires continuation of...

Published on : 31 Oct 2019 , 07:15 AM
Australia: Housing Group Numbers Disappoint Most in CPI

The most disappointing numbers in Australia Q3 CPI are the ones for housing group. Rent rose 0.4% y/y (and below 1.0%...

Published on : 30 Oct 2019 , 07:13 AM
Challenges of Communication. AOFM Tender Doesn't Sell Fully

Challenges of communication!

This morning a 3-mo Aussie T-note auction received lukewarm response --A$936m...

Published on : 24 Oct 2019 , 07:08 AM
RBA Debelle's speech is Dovish

RBA Debelle: Monpol is concerned about aggregate outcomes for inflation and unemployment. In that regard, unemploymen...

Published on : 17 Oct 2019 , 07:07 AM
Social Media Lesson for RBA

A social media lesson for the Reserve Bank of Australia. This morning the RBA posted a tweet about their new $20 note...

Published on : 09 Oct 2019 , 07:00 AM