RBA buys entire A$3B; Nov 2028 cut-off Yld drops 8.75bps vs Mon
By Sophia Rodrigues
Published On 01 Apr 2020 , 05:14 PMThe RBA bought entire A$3 billion of government bonds it offered to purchases earlier today. The cut-off yield on the bonds was upto 8.75bps lower than the same bonds purchased on Monday.
For example, The cut-off yield on the November 2028 bond was 0.6125%, down from 0.7000% on Monday, 0.8225% on March 24 and 0.7925% on March 23.
Issuer | Coupon % |
Maturity mm/yy |
Amount purchased (face value) $m |
Weighted average yield % |
Cut-off yield % |
---|---|---|---|---|---|
CGS | 4.25 | 04/26 | 297 | 0.4475 | 0.4450 |
CGS | 4.75 | 04/27 | 227 | 0.5053 | 0.5000 |
CGS | 2.75 | 11/27 | 1652 | 0.5319 | 0.5225 |
CGS | 2.25 | 05/28 | 316 | 0.5942 | 0.5800 |
CGS | 2.75 | 11/28 | 398 | 0.6149 | 0.6125 |
CGS | 3.25 | 04/29 | 30 | 0.6292 | 0.6250 |
CGS | 2.75 | 11/29 | 80 | 0.6538 | 0.6475 |
LATEST SNIPPETS
RBA keeps cash rate unchanged at 3.85%
The Reserve Bank of Australia left the cash rate unchanged at 3.85%, defying market expectations for a 25bps cut.&nbs...
Published on : 08 Jul 2025 , 02:53 PMRBA cuts cash rate to 3.85%
The Reserve Bank of Australia lowered the cash rate by 25bps to 3.85%, citing continued easing in inflation as reflec...
Published on : 20 May 2025 , 02:48 PMRBA lowers cash rate target to 4.10%
The Reserve Bank of Australia lowered the cash rate by 25bps to 4.10% -- the first rate cut move since November 2020....
Published on : 18 Feb 2025 , 02:41 PMRBA Cash Rate Unchanged but Key Message Removed
The Reserve Bank of Australia left the cash rate unchanged at 4.35% but pivoted to a dovish stance by omitting the ke...
Published on : 10 Dec 2024 , 02:40 PMRBA Cash Rate Remains at 4.35%, Still Vigilant to Upside Risks
The Reserve Bank of Australia maintained the cash rate at 4.35% and retained the key message that it remains vigilant...
Published on : 05 Nov 2024 , 02:44 PMRBA keeps cash rate unchanged at 4.35%
The Reserve Bank of Australia left the cash rate unchanged at 4.35% and reiterated the key message that it is not rul...
Published on : 24 Sep 2024 , 02:37 PMAustralia July monthly CPI up 3.5% y/y
Australia's monthly Consumer Price Index Indicator rose 3.5% y/y in July compared with a 3.8% rise in June, data...
Published on : 28 Aug 2024 , 11:40 AMRBA leaves cash rate unchanged at 4.35%
The Reserve Bank of Australia left the cash rate unchanged at 4.35% at the August board meeting and reiterated the me...
Published on : 06 Aug 2024 , 02:41 PMNew Zealand Q2 inflation surprises to downside
Headline consumer price index inflation rose 0.4% q/q in Q2, resulting in a slowing in the y/y pace to 3.3% versus 4....
Published on : 17 Jul 2024 , 08:51 AMRBNZ Leaves OCR Unchanged at 5.5%
At the July Monetary Policy Review, the RBNZ kept the Official Cash Rate unchanged at 5.5%, saying monetary policy wi...
Published on : 10 Jul 2024 , 12:31 PM