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Undecided On Reinvestment Of Maturing Bonds

RBA

RBA governor Lowe notes that "we have not yet made a decision about reinvesting the proceeds of maturing bonds. Unlike many other countries, there are not maturities of government bonds in Australia every week or month (Graph 10). The large gaps in the maturity profile mean that we have more time to make a decision. The next maturity of an Australian Government bond is in July 2022. Ahead of this, the Board will consider its approach to reinvestment at its meeting in May, with the key considerations being the state of the economy and the outlook for inflation and unemployment."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
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MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
BulletMarketsFixed Income BulletsForeign Exchange BulletsHomepage

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