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
LATEST SNIPPETS
RBA Won't Give Up on Inflation Target
Few interesting stories 2day about RBA's inflation target. I am finding it hard to believe RBA will give up...
Published on : 25 Jul 2019 , 11:15 AMRBA may Debate 50bps Cut at July meeting
Two weeks ago it seemed RBA would not cut the cash rate in July, let alone lowering it by 50bps. But I did sugge...
Published on : 21 Jun 2019 , 11:13 AMRBA Will Cut Cash Rate Today, Watch Comments on Labor Mkt Capacity
The RBA will cut the cash rate to a new record low at its meeting today and will maintain an easing bias. The market...
Published on : 04 Jun 2019 , 07:33 AMRBA Should Cut Soon, Not Wait
Any RBA rate cut now would be from a position of strength. The last thing the RBA should do is wait for this strength...
Published on : 07 Mar 2019 , 07:10 AMRBA's Own Video makes Arguments for Rate Cut
If you've not seen this video from RBA, you should see it if monpol is your area of interest. While the vide...
Published on : 06 Mar 2019 , 07:07 AMNo RBA Rate Cut Call from Any Big Four Bank Yet?
I must say I am surprised none of big four banks have made RBA rate cut call......yet
Published on : 12 Feb 2019 , 07:05 AMRBA may not turn dovish yet but acknowledge balance of risks have changed
One of the most awaited RBA cash rate statements is due today and hardly likely to be exciting. Key themes would...
Published on : 05 Feb 2019 , 07:02 AMAPRA will Change Loan Serviceability Floor
Given there isn't any other quantitative restriction with respect to macroprudential policy for housing market th...
Published on : 31 Jan 2019 , 06:33 AMRBA Would Change Next Move Up Guidance
Two factors were key to RBA's next rate move up guidance -- Fed and BOC rate hike paths. It was hardly about...
Published on : 10 Jan 2019 , 06:29 AMHappy New Year
Happy New Year everyone. After a mixed 2018, I am looking forward to creating special memories in 20...
Published on : 02 Jan 2019 , 06:28 AM