RBA's Lowe says the Bank will own 20% of government debt by the end of the bond-buying program

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Reserve Bank of Australia Governor Lowe speaking in front of a parliamentary committee.

Earlier:

• RBA's Lowe says has an open mind on extending QE

• AUD/USD a few tics higher, RBA Governor Lowe testimony suspended
• RBA's Lowe says the Australian economy has turned a corner