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 buying semis Jan 2028-Dec 2030
The RBA is buying semi-government bonds today for A$1.5 billion in the maturity range January 2028 to December 2030....
Published on : 15 Apr 2020 , 12:43 PMRBA buying concentrated in Nov 2022 govt bond
The RBA bought the entire A$1.5 billion it notified this morning, with 65% of the purchases concentrated in the Novem...
Published on : 14 Apr 2020 , 04:14 PMRBA buying A$1.5B govt bond at short end
The RBA is buying government bonds at the tapered pace of last Thursday, announcing a notified amount of A$...
Published on : 14 Apr 2020 , 12:07 PMRBA buys entire A$1.5B; Ylds up vs similar past purchases
The RBA bought the entire A$1.5 billion it offered to purchase today. In case of the 2028 bonds, the cut-of...
Published on : 09 Apr 2020 , 03:58 PMRBA sells US$500m at third repo auction
The Reserve Bank of Australia’s third repo auction to provide US dollars attracted marginally less demand...
Published on : 09 Apr 2020 , 12:15 PMRBA tapers bond-buying to A$1.5B
The RBA is reducing its bond-buying further today, notifying an amount of A$1.5 billion, compared with A$2.0 billion...
Published on : 09 Apr 2020 , 12:10 PMRBA Governor Lowe to deliver speech/Q&A on April 21
The RBA governor Philip Lowe will deliver a speech on April 21 on the day the minutes of the April 7 board meeting is...
Published on : 08 Apr 2020 , 10:51 AMRBA buys A$2B govt bonds mainly in 2025, 2024
The RBA bought the entire A$2 billion of April 2024-April 2026 government bonds today, focusing mainly on the 2025 an...
Published on : 07 Apr 2020 , 04:39 PMRBA 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 PM