RBA buys entire A$750m but yields rise vs Thu

By Sophia Rodrigues

Published On 17 Apr 2020 , 12:00 AM

The RBA has bought the entire A$750 million of government bonds it notified this morning, spreading the purchase among all the three bonds. 

Interestingly, the cut-off yield on all the three bonds was slightly higher compared with the purchase of the same bonds on Thursday.

Below is the result of the auction:

Issuer Coupon
%
Maturity
mm/yy
Amount purchased
(face value) $m
Weighted average yield
%
Cut-off yield
%
CGS 3.25 04/25 299 0.4373 0.4325
CGS 4.25 04/26 240 0.5369 0.5350
CGS 4.75 04/27 211 0.6243 0.6200

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