RBA to buy AGS for second straight day
By Sophia Rodrigues
Published On 06 Aug 2020 , 11:42 AMThe RBA has announced bond-buying via auction for the second consecutive day, keeping the notified amount unchanged at A$500 million but buying three government bond lines rather than just the April 2023 bond on Wednesday.
The RBA will buy the November 2022, April 2023 and the April 2024 government bond today. The decision is likely spurred by the results of yesterday's auction which saw the cut-off yield on the April 2023 at 0.2525% and the weighted average at 0.2575%.
LATEST SNIPPETS
RBNZ 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 AMTreasury to release MYEFO on Dec 16
There is greater interest in the Mid-Year Economic and Fiscal Outlook this year given the slow pace of government bor...
Published on : 10 Dec 2021 , 12:00 AMNo "reasonable" seller of April 2024 bond at RBA's QE
The RBA's bond purchase program included the April 2024 government bond for the first time since it abandoned the...
Published on : 08 Nov 2021 , 06:39 PMA Few Things To Consider On RBA’s 10bps April 2024 Bond Before 11:15 AM
(This snipped was first published on Friday, October 29 at 9:37 AM as email to premium subscribers)
The Res...
Published on : 29 Oct 2021 , 04:37 PMWill RBA Buy April 2024 Bond Today?
(This snipped was first published on October 28 at 1039 AM)
Australia’s bond market is once again tes...
Published on : 29 Oct 2021 , 04:36 PMNAB Says RBA QE to End February 2022
National Australia Bank economists expect the RBA to end its bond purchase program (QE) by February, making it the fi...
Published on : 29 Oct 2021 , 02:39 PM