SYDNEY, Aug 5 (Reuters) - The Reserve Bank of Australia (RBA) on Wednesday offered to buy A$500 million ($358.50 million) in 2023 Australian government bonds as part of its quantitative easing programme to keep short-term yields around the cash rate of 0.25%.
The central bank has purchased A$51.4 billion in government securities, including semi-government bonds, since it launched QE on March 20.
($1 = 1.3947 Australian dollars)
- Forums
- Forex
- News: Australia central bank to buy A$500 mln in govt bonds
News: Australia central bank to buy A$500 mln in govt bonds
Featured News
Featured News
The Watchlist
3DA
AMAERO LTD
Hank Holland, Chairman and CEO
Hank Holland
Chairman and CEO
Previous Video
Next Video
SPONSORED BY The Market Online