RBA buys entire A$3B bonds; focuses on 2027

By Sophia Rodrigues

Published On 30 Mar 2020 , 12:00 AM

Results of the RBA's government bond-buying auction Monday: 

The RBA bought the entire A$3 billion notified amount, buying five of the six bonds it could potentially purchase. .

-A$202 mln of 4.25% April 2026 at cut-off yield of 0.5050% 
-A$1.627 bln of 4.75% April 2027 at cut-off yield of 0.5475%
-A$1.006 bln of 2.75% November 2027 at cut-off yield of 0.6025%
-A$90 mln of 2.25% May 2028 at cut-off yield of 0.6650%
-A$85 mln of 2.75% November 2028 at cut-off yield of  0.7000%
 

LATEST SNIPPETS

More Headlines from RBA Policy

Any bond-buying to support 3-yr target would be in addition to A$100B QE

Not expecting to raise cash rate f...

Published on : 03 Nov 2020 , 02:35 PM
Headline from RBA's November MonPol Decision

From the RBA's November Monetary Policy Decision statement:

-Cuts cash rate target to 0.1% from 0.25% Published on : 03 Nov 2020 , 02:31 PM

RBA TFF drawdown steady since Sep 30 as bks await rate cut

Total amount drawdown from the RBA's Term Funding Facility has been unchanged for three straight weeks...

Published on : 30 Oct 2020 , 04:13 PM
Australia Note yields continue declining on expectation of 1bp ES rate

Yields fell further to new record lows at the AOFM weekly T-Note tenders as market factors in the possibili...

Published on : 29 Oct 2020 , 10:42 AM
Australia Note yield drop to new low ahead of RBA cuts

As expected, the yield on near-term T-Note fell to a new record low at today's AOFM's auction. The weighted a...

Published on : 22 Oct 2020 , 10:40 AM
Could Australia Note Yield Drop to New Low at Auction?

Looking forward to the AOFM's weekly T-Note auctions later this morning. The record low weighted average yield fo...

Published on : 22 Oct 2020 , 10:09 AM
RBA Kent's speech title

The title of RBA assistant governor Chris Kent's  speech on Tuesday is a very interesting one, "The Sta...

Published on : 19 Oct 2020 , 08:19 PM
Australia Note yields drop to new low

Yields at AOFM's Treasury Note auctions dropped to new record low on ample liquidity and expectations of cut...

Published on : 01 Oct 2020 , 10:43 AM
Just one investor buys entire A$2B of 2030 govt bond at tender

One bidder got the entire A$2.0 billion of the 1% December 2030 government bond at the tender today. The yield was 0....

Published on : 30 Sep 2020 , 11:20 AM
RBA once again fails to get 3-year yield close to target

The RBA again made purchases totalling A$2 billion of the April 2023 and the April 2024 government bond but didn'...

Published on : 31 Aug 2020 , 04:17 PM