RBA may buy 3-year government bonds again
By Sophia RodriguesPublished On 12 Nov 2020 , 10:51 AM
Three-year yield on Australian government bonds are currently above the 0.10% target, raising speculation on whether the RBA would again buy these bonds in addition to purchases under QE today.
On Monday, the RBA bought A$1.5 billion of 3-year bonds, and it is likely it would do the same today. This would be in addition to A$2 billion of purchase of November 2028 to May 2032 bonds (except November 2031).
Headlines from the RBNZ’s November MPS on FLP:
-Plan to implement Funding for Lending Programme in ea...Published on : 11 Nov 2020 , 12:09 PM
The RBA is buying A$1.0 billion semis today under the A$100 billion bond-buying program.
The purchase...Published on : 11 Nov 2020 , 11:32 AM
Results of the RBA's bond-buying auction Monday, consisting of A$1.5 billion under 3-year yield target and A$2.0...Published on : 09 Nov 2020 , 03:54 PM
The RBA is buying A$3.5 billion of government bonds today, with A$1.5 billion as part of its 3-year yield target, and...Published on : 09 Nov 2020 , 11:33 AM
RBA Not Contemplating Further Reduction In Interest Rates
RBA: Focus Will Be QE Program, Prepared To Buy More...
The RBA is buying A$2 billion of November 2028 to May 2032 government bonds (excluding December 2030 bonds) as p...Published on : 05 Nov 2020 , 11:21 AM
It appears the RBA's media lock-ups will restart from Friday when the Statement on Monetary Policy will be publis...Published on : 04 Nov 2020 , 04:16 PM
RBA Lowe: No Change in View Little To Be Gained from Negative Policy Rate
RBA Lowe: Negative Policy Rate Extra...
Any bond-buying to support 3-yr target would be in addition to A$100B QE
Not expecting to raise cash rate f...Published on : 03 Nov 2020 , 02:35 PM
From the RBA's November Monetary Policy Decision statement:
-Cuts cash rate target to 0.1% from 0.25%