Some Facts On RBA/AOFM Bond Lending Facility
By Sophia Rodrigues
Published On 20 Oct 2021 , 10:12 AMFollowing RBA announcement after market hours Tuesday about indicative fee for borrowing (RBA as lender) April 2023 and April 2024 bonds, here are some facts:
--the indicative fee for April 2023 and 2024 bond-borrowing is raised to 100bps from 25bps
--for all other bond borrowing from RBA (AGS and Semis) the fee is 20bps
--for bond borrowing from AOFM which is facilitated by RBA, the fee is 25bps
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