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RBA to buy April 2024 Australian government bonds, up to AUD 1bn

RBA to buy April 2024 Australian government bonds, up to AUD 1bn

Central Banks
Eamonn Sheridan
22/10/2021 | 00:22 GMT

Reserve Bank of Australia buying to defend their yield target

The absence of the RBA from the bond market had raised questions about their commitment to their yield target. The target is 0.1% and this bond had been circa 0.17%

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