RBA buys entire A$750m but yields rise vs Thu
By Sophia Rodrigues
Published On 17 Apr 2020 , 12:00 AMThe 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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