Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
The Reserve Bank of Australia’s negative equity position increased to AUD17.7 billion in 2023 from AUD12.4 billion in 2022, according to its Annual Report 2023 published Thursday.
“This does not affect the Bank’s operations or its ability to perform its policy functions,” noted former Governor Philip Lowe in the report's forward. “Nonetheless, the Board will seek to restore the Bank’s capital over time through the retention of future profits, rather than paying these as dividends to the government. The Treasurer has indicated his continued support for this approach, noting that a decision about retention of earnings is made each year.”
The RBA has indicated it plans to hold its AUD300 billion bond portfolio obtained during the pandemic until maturity. However, the RBA board may review this decision at some point in the future. 
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.