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

RBA Will Cut Tue But Lowe's Speech Not a Clue

 

Someone asked me this morning whether a strong clue of RBA rate cut today is the fact that Governor...

Published on : 01 Oct 2019 , 11:26 AM
RBA QE Would be About Lowering Exchange Rate

I've spent a bit of time researching whether the RBA will do QE, at what point they will do it, and in what...

Published on : 09 Aug 2019 , 11:19 AM
RBA Won't Give Up on Inflation Target

Few interesting stories 2day about RBA's inflation target. I am finding it hard to believe RBA will give up...

Published on : 25 Jul 2019 , 11:15 AM
RBA may Debate 50bps Cut at July meeting

Two weeks ago it seemed RBA would not cut the cash rate in July, let alone lowering it by 50bps. But I did sugge...

Published on : 21 Jun 2019 , 11:13 AM
RBA Will Cut Cash Rate Today, Watch Comments on Labor Mkt Capacity

The RBA will cut the cash rate to a new record low at its meeting today and will maintain an easing bias. The market...

Published on : 04 Jun 2019 , 07:33 AM
RBA Should Cut Soon, Not Wait

Any RBA rate cut now would be from a position of strength. The last thing the RBA should do is wait for this strength...

Published on : 07 Mar 2019 , 07:10 AM
RBA's Own Video makes Arguments for Rate Cut

If you've not seen this video from RBA, you should see it if monpol is your area of interest. While the vide...

Published on : 06 Mar 2019 , 07:07 AM
No RBA Rate Cut Call from Any Big Four Bank Yet?

I must say I am surprised none of big four banks have made RBA rate cut call......yet

Published on : 12 Feb 2019 , 07:05 AM
RBA may not turn dovish yet but acknowledge balance of risks have changed

One of the most awaited RBA cash rate statements is due today and hardly likely to be exciting. Key themes would...

Published on : 05 Feb 2019 , 07:02 AM
APRA will Change Loan Serviceability Floor

Given there isn't any other quantitative restriction with respect to macroprudential policy for housing market th...

Published on : 31 Jan 2019 , 06:33 AM