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MNI BRIEF: Targeting 5, 10-yr Basket: Consider Others: Lowe​​

SYDNEY (MNI)

Although the Reserve Bank of Australia will target bond mainly in the five-year and ten-year baskets for its new quantitative easing program, it is prepared to buy bonds outside of these areas "if market conditions warrant it," Governor Philip Lowe said in his post-policy meeting press conference Tuesday.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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