RBA buys more of May 2028 govt bonds

By Sophia Rodrigues

Published On 06 Apr 2020 , 04:08 PM

The RBA bought the entire A$2 billion it offered to purchase today, focusing mainly on May 2028 bond. The cut-off yield was slightly higher in line with the rise in yields in the market today.

Following is the result of the auction:

Issuer Coupon
%		 Maturity
mm/yy		 Amount purchased
(face value)
$m		 Weighted average yield
%		 Cut-off yield
%
CGS 4.75 04/27 243 0.5645 0.5625
CGS 2.75 11/27 395 0.6105 0.6100
CGS 2.25 05/28 1037 0.6613 0.6550
CGS 2.75 11/28 325 0.6941 0.6925

LATEST SNIPPETS

Australia Jan Unemployment Rate Stays at 4.1%

Australia's unemployment rate was unchanged at 4.1% in January, data from the Australian Bureau of Statistics sho...

Published on : 19 Feb 2026 , 11:39 AM
RBNZ Leaves OCR unchanged at 2.25%

The Reserve Bank of New Zealand kept the Official Cash Rate unchanged at 2.25%, meeting expectations. 

Published on : 18 Feb 2026 , 12:08 PM
Australia Wage Price Index Rises 3.4% y/y in December Qtr

Australia's wage price index rose 0.8% q/q in the December 2025 quarter, leaving the y/y pace unchanged at 3.4%,...

Published on : 18 Feb 2026 , 11:38 AM
RBA Lifts Cash Rate to 3.85%

The Reserve Bank of Australia raised the cash rate by 25bps to 3.85%, marking a quick turnaround from a 25bps cut del...

Published on : 03 Feb 2026 , 02:37 PM
RBA Maintains Cash Rate at 3.60%

The Reserve Bank of Australia left the cash rate unchanged at 3.60%, judging it appropriate to remain cautious w...

Published on : 09 Dec 2025 , 02:45 PM
RBNZ Trims OCR 25bps to 2.25%

The RBNZ cut the Official Cash Rate by 25bps to 2.25%, and flagged this may be the end of the easing cycle.

Published on : 26 Nov 2025 , 12:13 PM
RBA Cash Rate Steady at 3.60%

The Reserve Bank of Australia kept the cash rate unchanged at 3.60%, citing remaining inflationary pressure, pri...

Published on : 04 Nov 2025 , 02:36 PM
RBNZ lowers OCR 50bps to 2.5%

The RBNZ cut the Official Cash Rate by 50bps to 2.5% citing prolonged spare capacity and the associated downside...

Published on : 08 Oct 2025 , 12:15 PM
RBA Leaves Cash Rate Unchanged at 3.60%

The Reserve Bank of Australia left the cash rate unchanged at 3.60%, in line with expectations.

The to...

Published on : 30 Sep 2025 , 02:36 PM
Slightly More Emphasis on Upside Risks In RBA Bullock's Speech

Key headlines from RBA Governor Michele Bullock's opening statement at Parliamentary testimony Monday:

...

Published on : 22 Sep 2025 , 11:16 AM