RBA succeeds in driving 3-year yield down at bond-buying auction today

By Sophia Rodrigues

Published On 26 Feb 2021 , 02:52 PM

The RBA's aggressive buying of bonds for second consecutive day under the 0.1% three-year yield target policy seems to be have paid off. The RBA bought A$2.092 billion of the April 2024 bond at cut-off yield of 0.105% and weighted average yield of 0.115%.

The April bought A$908 million of the April 2023 bond at cut-off yield of 0.105% and weighted average yield of 0.1075%.

LATEST SNIPPETS

RBNZ's Hawkesby Promoted to Deputy Governor

The Reserve Bank of New Zealand has announced the promotion Christian Hawkesby to the position of deputy governor, ef...

Published on : 06 Oct 2021 , 12:00 AM
Big Four Banks Forecast for RBA Cash Rate

Big four banks' forecast for the RBA cash rate:

--ANZ expects first rate hike in 1H of 2024. "Our...

Published on : 17 Sep 2021 , 10:50 AM
RBA Lowe's speech at 1300 hours today

Small change in timing of RBA Governor Philip Lowe's speech this afternoon, now at 1300 hours Sydney time (was 12...

Published on : 14 Sep 2021 , 11:55 AM
AOFM's 2032 Treasury Indexed Bond Syndication likely A$3.0B

The AOFM is expected to issue A$3.0 billion of 0.25% November 2032 Treasury Indexed Bond after orderbook topped A$7.1...

Published on : 24 Aug 2021 , 09:10 AM
AOFM's 2032 Treasury Indexed Bond Syndication Attracts A$3.3B

The AOFM's syndication of 0.25% November 2032 Treasury Indexed Bond attracted orderbook over A$3.3 billion by 130...

Published on : 23 Aug 2021 , 02:23 PM
RBA Lowe's June 30 panel participation cancelled as event postponed

RBA Governor Philip Lowe's panel participation at a banking conference on Wednesday (June 30) has been cancelled...

Published on : 28 Jun 2021 , 11:49 AM
RBA's Ellis may talk on labor market, underemployment

RBA Assistant Governor Luci Ellis will be speaking at AI Group Business Lunch event this afternoon. The speech is due...

Published on : 23 Jun 2021 , 11:04 AM
Big four banks' forecast for RBA 3-year yield target, QE3

Earlier Wednesday, ANZ published its view on third round of RBA's bond purchase program. In a note Wednesday, ANZ...

Published on : 19 May 2021 , 01:44 PM
AOFM issues A$14B of Nov 2032 govt bond via syndication

The AOFM has issued A$14 billion of the 1.75% 21 November 2032 bond issue at a price of +12.5bps, and indicative yiel...

Published on : 13 Apr 2021 , 10:22 AM
Australia 2032 Bond Syndication Prices at 12.5bps Over 10yr Futures

Pricing for The Australian government's 1.75% 21 November 2032 bond issue has been set at +12.5bps, and the order...

Published on : 13 Apr 2021 , 09:37 AM