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 |
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