Results of RBA's purchase of semis; yields dn vs last week
By Sophia Rodrigues
Published On 31 Mar 2020 , 04:31 PMThe Reserve bank today purchased the following semi-government bonds for a total of A$3 billion. Many of these bonds were bought last week and in all these cases, the cut-off yield was lower than last week.
| Issuer | Coupon % |
Maturity mm/yy |
Amount purchased (face value) $m |
Weighted average yield % |
Cut-off yield % |
|---|---|---|---|---|---|
| NSWT | 3.00 | 05/27 | 367 | 1.1547 | 1.1200 |
| NSWT | 3.00 | 03/28 | 82 | 1.2666 | 1.2450 |
| NSWT | 3.00 | 04/29 | 294 | 1.3769 | 1.3500 |
| NSWT | 3.00 | 02/30 | 153 | 1.4612 | 1.4275 |
| NSWT | 6.00 | 05/30 | 5 | 1.4050 | 1.4050 |
| TCV | 3.00 | 10/28 | 126 | 1.2836 | 1.2700 |
| TCV | 2.50 | 10/29 | 101 | 1.3925 | 1.3675 |
| TCV | 1.50 | 11/30 | 216 | 1.5275 | 1.5100 |
| TCV | 4.75 | 11/30 | 6 | 1.5300 | 1.5300 |
| QTC | 2.75 | 08/27 | 70 | 1.1793 | 1.1750 |
| QTC | 3.25 | 07/28 | 115 | 1.2730 | 1.2700 |
| QTC | 3.25 | 08/29 | 307 | 1.4032 | 1.3900 |
| QTC | 3.50 | 08/30 | 404 | 1.4972 | 1.4825 |
| WATC | 3.00 | 10/27 | 167 | 1.1751 | 1.1700 |
| WATC | 3.25 | 07/28 | 179 | 1.2763 | 1.2600 |
| WATC | 2.75 | 07/29 | 108 | 1.3897 | 1.3750 |
| ACT | 2.25 | 05/29 | 40 | 1.4319 | 1.4300 |
| NTTC | 2.75 | 04/27 | 15 | 1.3667 | 1.3600 |
| NTTC | 3.50 | 04/28 | 30 | 1.5000 | 1.5000 |
| SAFA | 3.00 | 09/27 | 35 | 1.2000 | 1.1900 |
| SAFA | 3.00 | 05/28 | 102 | 1.3060 | 1.3000 |
| SAFA | 2.75 | 05/30 | 58 | 1.5262 | 1.5200 |
| TASC | 2.00 | 01/30 | 20 | 1.6050 | 1.6000 |
LATEST SNIPPETS
Live broadcast of RBA Lowe's speech is first of many
RBA will be broadcasting live "audio" of Governor Philip Lowe's speech later Tuesday. This is the first...
Published on : 26 Nov 2019 , 01:10 AMAustralia consumer confidence falls to over 4-yr low
Australian consumer confidence fell 2.8% in the week to November 25, to the lowest level in over four years, data fro...
Published on : 26 Nov 2019 , 10:04 AMWestpac economists expect Australia house prices to rise 5% in 2020
Economists at Westpac expect Australia's house price upswing to continue in 2020, rising 5%, but with getting cap...
Published on : 25 Nov 2019 , 11:55 AMMoody's warns profits of big four Australian banks under pressure
Profitability of the big four Australian banks is under pressures from low interest rates amid weak credit growt...
Published on : 25 Nov 2019 , 03:35 PMAustralia Oct Labor Data Dovish for RBA Dec Meeting
Australia's unemployment rate rose to 5.3% in October from 5.2%, due to 19,000 fall in employed numbers. This was...
Published on : 14 Nov 2019 , 12:00 AMWhy RBNZ will Hold OCR at 1%
I am a bit surprised with market reaction to RBNZ's inflation expectations survey yesterday. While I acknowledge...
Published on : 13 Nov 2019 , 12:00 AMMarket Pricing for RBNZ Cut --How Much is "Will do"?
In their markets outlook on Nov 11, economists at BNZ wrote, "RBNZ shouldn’t cut this week but probably wi...
Published on : 13 Nov 2019 , 12:00 AMWhat does RBA's Gentle Turning Point Refer to?
RBA Governor Philip Lowe first referred to gentle turning point at the Parliamentary testimony in August when he said...
Published on : 07 Nov 2019 , 12:00 AMExpect Dovish RBA Statement, Refined Forward Guidance
It is very unusual for both market and economists to be strongly expecting a particular outcome (hold) for a RBA boar...
Published on : 05 Nov 2019 , 12:00 AMAustralia: More Reason to Buy vs Rent Dwelling
More reason to buy vs rent? For the first time since at least 2007, gross rental yields for properties in Australia&#...
Published on : 01 Nov 2019 , 12:00 AM