RBA buys A$500m govt bonds, mostly Nov 2027
By Sophia Rodrigues
Published On 04 May 2020 , 04:19 PMThe RBA bought A$500 million of April 2027 to November 2028 government bonds, focusing 65% of the purchase on the November 2027 bond.
The yields on the 2028 bonds were significantly lower than last week, when the May 2028 bonds were bought at a weighted average yield of 0.7833% and the November 2028 bond was bought at 0.8243%
| Issuer | Coupon % |
Maturity mm/yy |
Amount purchased (face value) $m |
Weighted average yield % |
Cut-off yield % |
|---|---|---|---|---|---|
| CGS | 4.75 | 04/27 | 23 | 0.5675 | 0.5675 |
| CGS | 2.75 | 11/27 | 327 | 0.6395 | 0.6375 |
| CGS | 2.25 | 05/28 | 141 | 0.6962 | 0.6950 |
| CGS | 2.75 | 11/28 | 9 | 0.7425 | 0.7425 |