RBA buys entire A$1.5B; Ylds up vs similar past purchases
By Sophia Rodrigues
Published On 09 Apr 2020 , 03:58 PMThe RBA bought the entire A$1.5 billion it offered to purchase today. In case of the 2028 bonds, the cut-off yield was significantly higher compared with the purchases of the same bonds on Monday, and in line with steepening in the 2s/10s curve. On Monday, the cut-off yield on May 2028 was 0.6550% and on Novembr 2028 it was 0.6925%.
| Issuer | Coupon % |
Maturity mm/yy |
Amount purchased (face value $m) |
Weighted average yield % |
Cut-off yield % |
|---|---|---|---|---|---|
| CGS | 2.25 | 05/28 | 508 | 0.7849 | 0.7800 |
| CGS | 2.75 | 11/28 | 623 | 0.8263 | 0.8200 |
| CGS | 3.25 | 04/29 | 238 | 0.8572 | 0.8500 |
| CGS | 2.75 | 11/29 | 131 | 0.8871 | 0.8850 |
LATEST SNIPPETS
RBA buying A$2B 2024-2026 bonds today
The RBA is buying government bonds at the short to medium end, with an announcement today to purchase A$2.0 bill...
Published on : 07 Apr 2020 , 12:28 PMRBA buys more of May 2028 govt bonds
The RBA bought the entire A$2 billion it offered to purchase today, focusing mainly on May 2028 bond. The cut-off yie...
Published on : 06 Apr 2020 , 04:08 PMRBA buying A$2B 2027-2028 government bonds
The RBA's bond-buying program continues to be a daily event, with an announcement today to purchase A$2.0 billion...
Published on : 06 Apr 2020 , 11:54 AMRBA bond-buying fails to resolve 3-5yr steepening
The Reserve Bank of Australia's bond-buying auction today for the same amount and bonds as yesterday has resulted...
Published on : 03 Apr 2020 , 04:07 PMRBA announces identical bond-buying for second day
For the first time since it began bond-buying in the secondary market on March 20, the RBA has announced same purchas...
Published on : 03 Apr 2020 , 11:51 AMRBA A$2B bond-buying today concentrated in 2024-25
The RBA bought the entire A$2 billion it has notified for purchasing Australian government bonds today.
Bel...
Published on : 02 Apr 2020 , 06:13 PMRBA's Sells US$600m at USD repo auction
The Reserve Bank of Australia’s second repo auction to provide US dollars generated some demand this week...
Published on : 02 Apr 2020 , 04:02 PMRBA buys entire A$3B; Nov 2028 cut-off Yld drops 8.75bps vs Mon
The RBA bought entire A$3 billion of government bonds it offered to purchases earlier today. The cut-off yield o...
Published on : 01 Apr 2020 , 05:14 PMRBA buying Australian govt bonds; April 2026-Nov 2029
The RBA is buying Australian government bonds today under the yield target policy, targeting its buying once again in...
Published on : 01 Apr 2020 , 11:51 AMResults of RBA's purchase of semis; yields dn vs last week
The Reserve bank today purchased the following semi-government bonds for a total of A$3 billion. Many of these bonds...
Published on : 31 Mar 2020 , 04:31 PM