RBA tapers bond-buying further to A$500M
By Sophia Rodrigues
Published On 20 Apr 2020 , 11:48 AMFurther tapering of bond purchases by the RBA, with notified amount today of just A$500 million. The RBA is buying April 2029 to November 2029 government bonds.
This is the third consecutive reduction in notified amount by the RBA for government bond purchases. It started with A$1.5 billion last Tuesday, A$1.0 billion on Thursday, A$750 million on Friday and A$500 million today.
There are two bonds within this maturity, the 3.25% April 2029 and the 2.75% November 2029.
LATEST SNIPPETS
RBA Lowe at parliamentary hearing via videoconference on Thu
RBA governor Philip Lowe will appear before a Select Senate Committee on COVID-19 on Thursday. Lowe will answer quest...
Published on : 25 May 2020 , 06:37 PMAOFM sells Nov 2022 bond at record low tender yield 0.2384%
The AOFM has sold A$2.0 billion of 2.25% November 2022 government bond at a weighted average issue yield of...
Published on : 25 May 2020 , 11:05 AMAOFM provides issuance update; no more syndication this year
The AOFM has announced an issuance update today, saying total gross bond issuance for 2019-20 would be A$130 billion,...
Published on : 22 May 2020 , 12:15 PMAOFM sells Nov 2024 bond at 0.3576%
The AOFM has sold A$2.0 billion of 0.25% November 2024 government bond at a weighted average issue yield of 0.35...
Published on : 22 May 2020 , 11:04 AMT-notes tender beyond six months may be back today
The decision to issue T-notes beyond six-month maturity is a tricky one for the AOFM, as it needs to balance the slig...
Published on : 22 May 2020 , 08:59 AMImportant to note sharp April retail sales fall came after March jump
The 17.9% m/m record fall in retail sales (preliminary) for April published by the Australian Bureau of Statistics to...
Published on : 20 May 2020 , 12:31 PMAOFM sells 2032 bond at 1.0672% Yield
The AOFM has sold A$2.0 billion of 1.25% May 2032 government bond at a weighted average yield of 1.0672%.&n...
Published on : 20 May 2020 , 11:05 AMANZ analysts see total A$300B AGS issuance now to June 2021
ANZ analysts expect total issuance of Australian government securities to exceed A$300 billion between now and June 3...
Published on : 20 May 2020 , 10:21 AMAOFM sells May 2028 govt bond at 0.7711%
The AOFM has sold A$1.0 billion of 2.25% May 2028 government bond at a weighted average yield of 0.7711%. T...
Published on : 18 May 2020 , 11:05 AMAOFM Restricts Maturity of Next Wk's Treasury Note Tenders to Six Months
The AOFM has announced the following tenders for next week, totaling A$5.0 billion of bonds and A$4.0 billi...
Published on : 15 May 2020 , 12:15 PM