RBA pauses for first time, No bond-buying auction today

By Sophia Rodrigues

Published On 30 Apr 2020 , 12:03 PM

For the first time since it began bond-buying via auctions, the RBA is not conducting any purchases today. Last week, Governor Philip Lowe said the RBA will  schedule bond auctions on Mondays, Wednesdays and Thursdays but not necessarily on each of these days. He, however, added the RBA will continue to do auctions for semis for the foreseeable future. Given semis auctions usually happen on Wednesdays, Lowe's comments suggest the RBA may or may not auction on Mondays and Thursdays.

Today is the first such occasion the RBA has decided not to do any purchases via auction.

LATEST SNIPPETS

AOFM total tenders next week A$10.5 billion

The AOFM has announced the following tenders next week, totaling A$5.5 billion of bonds (vs A$6.0 billion this w...

Published on : 24 Apr 2020 , 12:27 PM
AOFM attracts record coverage for 2023 bond

The AOFM's A$1.5 billion of 5.5% April 2023 bonds attracted strong demand with coverage ratio posting a reco...

Published on : 24 Apr 2020 , 11:13 AM
RBA total bond-buying hits A$48.7B

The RBA bought A$500 million of government bonds today, taking its total purchases since it launched bond-buying auct...

Published on : 23 Apr 2020 , 12:00 AM
RBA buying A$500M of May 2028-Nov 2029 bonds

There's no pause in RBA's bond-buying yet with the announcement today to buy A$500 million of May 2028 to Nov...

Published on : 23 Apr 2020 , 02:50 PM
AOFM gets record coverage for A$1.5B May 2030 bond tender

The AOFM has sold A$1.5 billion of 2.5% May 2030 government bond at a weighted average yield of 0.8460%. Th...

Published on : 22 Apr 2020 , 11:16 AM
RBA buys A$500M bonds today; Total purchases hit A$47B

RBA buys entire A$500 million at today's bond-buying auction. 

Following today's purchase, the...

Published on : 21 Apr 2020 , 05:56 PM
RBA buying A$500M of 2025, 2026 bonds

The RBA is buying A$500 million of government bonds at auction today, maintaining purchases at the tapered level of y...

Published on : 21 Apr 2020 , 12:02 PM
RBA total bond-buying via auction A$46.5B to date

RBA buys entire A$500 million at today's bond-buying auction. 

Following today's purchase, the...

Published on : 20 Apr 2020 , 05:07 PM
RBA tapers bond-buying further to A$500M

Further tapering of bond purchases by the RBA, with notified amount today of just A$500 million. The RBA is buyi...

Published on : 20 Apr 2020 , 11:48 AM
AOFM sells A$3.0B Nov 2022 bond at 0.2544% weighted avg yield

The AOFM has sold A$3.0 billion of 2.25% November 2022 government bond at a weighted average yield of 0.2544%.&n...

Published on : 20 Apr 2020 , 11:08 AM