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
Westpac also ups RBA cash rate forecast to 2.1% by Dec (from 1.75%)
Westpac chief economist Bill Evans has raised his forecast for RBA cash rate, now expecting the policy rate to end 20...
Published on : 07 Jun 2022 , 05:21 PMCBA ups RBA rate forecast; sees 2.1% year-end, with risk of 2.35%
Economists at Commonwealth Bank have revised higher their forecast for RBA cash rate, now expecting the rate to reach...
Published on : 07 Jun 2022 , 04:58 PMNAB ups RBA cash rate forecast to 2% by Dec (from 1.35%)
Economists at National Australia Bank are revising up their RBA cash rate forecast following the 50bps hike on Tuesda...
Published on : 07 Jun 2022 , 04:15 PMRBA raises cash rate 50bps to 0.85%
The Reserve Bank of Australia raised the cash rate target by 50bps to 0.85%. The rate on Exchange Settlement balances...
Published on : 07 Jun 2022 , 02:47 PMAustralia net export to subtract 1.7 points from Q1 GDP
Net export will detract 1.7 percentage points from Australia's March quarter GDP, data published by Australian Bu...
Published on : 31 May 2022 , 11:44 AMRBNZ Ups OCR 50bps to 2.0%
The Reserve Bank of New Zealand raised official cash rate by 50bps to 2.0%, as widely expected and issued hawkish pro...
Published on : 25 May 2022 , 12:15 PMFull Title of RBA Kent's Speech Next Week
The full title of RBA assistant governor Christopher Kent's speech next week is, "From QE to QT - The next p...
Published on : 20 May 2022 , 10:00 AMAustralia's unemployment rate at 3.9% in April
The jobless rate was at 3.9% in April, following a revised 3.9% rate in March (from 4.0%), data from Australian Burea...
Published on : 19 May 2022 , 11:46 AMRBA Governor and Deputy Governor -- Some fun facts
I don't think there's as much commonality between a governor and deputy governor as it is between RBA's G...
Published on : 10 Mar 2022 , 05:53 PMANZ NZ Sees RBNZ hiking 50bps in both April and May
Economists at ANZ New Zealand have revised their call for the RBNZ OCR, now expecting 50bps hike at each of the meeti...
Published on : 08 Mar 2022 , 09:11 AM