Search: AGS
RBA Glossary definition for AGS
AGS – Australian Government Securities. Include all securities issued by the Australian Government at tenders conducted by the AOFM (and by the Reserve Bank of Australia acting as agent for the Australian Government prior to 23 October 2006). They comprise Treasury bonds, Treasury notes, Treasury indexed bonds and, previously, Treasury adjustable rate bonds. These securities are issued either by tender or syndication.
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Domestic Financial Conditions
9 Aug 2019
SMP
– August 2019
The spread between US Treasury and AGS yields has stabilised, with the AGS 10-year yield around 75 basis points below the 10-year US Treasury yield. ... The yield on the longest AGS (maturing in March 2047) has declined by around 110 basis points over
https://www.rba.gov.au/publications/smp/2019/aug/domestic-financial-conditions.html
Domestic Financial Markets
10 Nov 2016
SMP
– November 2016
The spread between AGS and US Treasury yields, after narrowing earlier this year, is currently around 50 basis points. ... Secondary market spreads to AGS for AAA rated issuers have tightened in recent months and are back around levels seen in late 2015.
https://www.rba.gov.au/publications/smp/2016/nov/domestic-financial-markets.html
Domestic Financial Markets
27 Nov 2015
SMP
– November 2015
Yields on long-term Australian Government securities (AGS) have been more volatile in recent months, in line with trends in offshore bond markets. ... Secondary market spreads to AGS on AAA rated Kangaroo bonds have been little changed since the end of
https://www.rba.gov.au/publications/smp/2015/nov/04-domestic-financial-markets.html
Domestic Financial Conditions
10 May 2019
SMP
– May 2019
Graph 3.1. Yields on Australian Government Securities (AGS) declined since the start of the year across all maturities, with 10-year AGS yields moving close to historical lows and currently ... The slope of the yield curve, as measured by the spread
https://www.rba.gov.au/publications/smp/2019/may/domestic-financial-conditions.html
Domestic Financial Markets
27 Nov 2017
SMP
– November 2017
Yields on 10-year Australian Government Securities (AGS) are around the levels that prevailed at the start of the year, and the spread between 10-year AGS and US Treasury yields ... Also, corporate bond spreads (relative to yields on AGS) have continued
https://www.rba.gov.au/publications/smp/2017/nov/domestic-financial-markets.html
Domestic Financial Conditions
6 Feb 2020
SMP
– February 2020
Graph 3.1. After declining for much of 2019 to reach historic lows, yields on Australian Government Securities (AGS) fluctuated near this low level in recent months (Graph 3.2). ... AGS 10-year yield is currently around 60 basis points below the
https://www.rba.gov.au/publications/smp/2020/feb/domestic-financial-conditions.html
Box A: Central Bank Purchases of Government Bonds
6 Aug 2021
SMP
– August 2021
In March and April 2020, the Reserve Bank purchased in secondary markets around $50 billion of Australian Government Securities (AGS) and securities issued by the state and territory central borrowing authorities. ... These purchases were intended to
https://www.rba.gov.au/publications/smp/2021/aug/box-a-central-bank-purchases-of-government-bonds.html
Domestic Financial Conditions
10 May 2018
SMP
– May 2018
Graph 3.1. Yields on 10-year Australian Government Securities (AGS) have increased so far in 2018 to around 2.8 per cent, reflecting developments in international markets. ... Recently, the yield on US Treasury securities has risen above the yield of
https://www.rba.gov.au/publications/smp/2018/may/domestic-financial-conditions.html
Domestic Financial Conditions
10 Feb 2019
SMP
– February 2019
Graph 3.1. Yields on 10-year Australian Government Securities (AGS) have declined by around 50 basis points over recent months, to be around 2.15 per cent. ... This has been broadly in line with the decline in US Treasury yields, with the difference
https://www.rba.gov.au/publications/smp/2019/feb/domestic-financial-conditions.html
Domestic Financial Conditions
10 Aug 2018
SMP
– August 2018
Graph 3.1. Yields on 10-year Australian Government Securities (AGS) have moved lower to around 2.65 per cent, to be little changed since the start of the year. ... The yield on 10-year AGS is around 30 basis points below the yield of 10-year US Treasury
https://www.rba.gov.au/publications/smp/2018/aug/domestic-financial-conditions.html