March 25, 2020 | Cbonds
|The RBA purchased semi-government bonds of AUD$2 billion. The bonds were issued by state and territories having maturities between January 2026 and June 2030. |
The RBNZ bought government bonds of NZD$250 million. Previously, the yield of the long-term bonds was rising extensively despite the bank's stimulus measures, including the rate cut. Currently, the yield has declined slightly. It seems the stimulus measures can support the bond market.