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RBA Dated OIS Firmer Ahead Of Retail Sales

STIR

Ahead of February Retail Sales data released soon (0130 GMT), RBA dated OIS pricing is 6-8bp firmer across meetings beyond May.

  • April meeting continues to fluctuate around a no-change decision with pricing +3bp.
  • Expected year-end pricing has declined to around 27bp from 37bp yesterday.

Figure 1: RBA Dated OIS: Today Vs. Pre-Data


Source: MNI – Market News / Bloomberg


Figure 2: RBA Dated OIS: Today Vs. Pre-Data



Source: MNI – Market News / Bloomberg

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