RBA is back buying 3-year ACGBs today

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of Australia buying Australian government bonds to defend their targeted yield

  • 3-year government bond yield target is 0.10%, the same as the cash rate target
  • AUD3bn amount buying of April 2024 by the Reserve Bank of Australia 
RBA buying longer dated also also today (Nov '28 to Nov '31), AUD 2bn. 

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