RBA once again fails to get 3-year yield close to target
By Sophia Rodrigues
Published On 31 Aug 2020 , 04:17 PMThe RBA again made purchases totalling A$2 billion of the April 2023 and the April 2024 government bond but didn't manage to get the three-year yield close to its 0.25% target.
At the bond-buying auction today, the RBA bought A$939 million of April 2023 bond at cut-off yield of 0.2550%, marginally down from 0.2575% at the last auction, and weighted average yield of 0.2583%.
The RBA also bought A$1.061 billion of the April 2024 bond at cut-off yield of 0.2925% (same as last auction) and weighted average yield of 0.2960%.
LATEST SNIPPETS
RBA 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 PMRBA buying A$2B 2027-2028 government bonds
The RBA's bond-buying program continues to be a daily event, with an announcement today to purchase A$2.0 billion...
Published on : 06 Apr 2020 , 11:54 AMRBA bond-buying fails to resolve 3-5yr steepening
The Reserve Bank of Australia's bond-buying auction today for the same amount and bonds as yesterday has resulted...
Published on : 03 Apr 2020 , 04:07 PMRBA announces identical bond-buying for second day
For the first time since it began bond-buying in the secondary market on March 20, the RBA has announced same purchas...
Published on : 03 Apr 2020 , 11:51 AMRBA A$2B bond-buying today concentrated in 2024-25
The RBA bought the entire A$2 billion it has notified for purchasing Australian government bonds today.
Bel...
Published on : 02 Apr 2020 , 06:13 PMRBA's Sells US$600m at USD repo auction
The Reserve Bank of Australia’s second repo auction to provide US dollars generated some demand this week...
Published on : 02 Apr 2020 , 04:02 PMRBA buys entire A$3B; Nov 2028 cut-off Yld drops 8.75bps vs Mon
The RBA bought entire A$3 billion of government bonds it offered to purchases earlier today. The cut-off yield o...
Published on : 01 Apr 2020 , 05:14 PMRBA buying Australian govt bonds; April 2026-Nov 2029
The RBA is buying Australian government bonds today under the yield target policy, targeting its buying once again in...
Published on : 01 Apr 2020 , 11:51 AM