RBA buys A$500M bonds today; Total purchases hit A$47B

By Sophia Rodrigues

Published On 21 Apr 2020 , 05:56 PM

RBA buys entire A$500 million at today's bond-buying auction. 

Following today's purchase, the RBA has bought a total A$47.0 billion of bonds, including A$8.5 billion of semis.

Below are the details:

Issuer Coupon
%
Maturity
mm/yy
Amount purchased
(face value) $m
Weighted average yield
%
Cut-off yield
%
CGS 3.25 04/25 316 0.4263 0.4250
CGS 4.25 04/26 184 0.5262 0.5250

The RBA last bought both these bonds at the April 17 auction where it purchased A$299 million of the 2025 bond at cut-off yield of 0.4325% and the A$240 million of the 2026 bond at cut-off yield of 0.5350%

 

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