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
8 May 2020
SMP
– May 2020
Accordingly, the bond-futures basis for both 3-year and 10-year AGS increased sharply. ... Total AGS. 40,250. Remaining maturity 3 years. 12,329. Remaining maturity 3 to 6 years.
https://www.rba.gov.au/publications/smp/2020/may/domestic-financial-conditions.html
Domestic Financial Conditions
6 Aug 2021
SMP
– August 2021
Graph 3.3. The AGS and semis markets have continued to function smoothly. ... Graph 3.6. Spreads between the yields on semis and AGS remained relatively low.
https://www.rba.gov.au/publications/smp/2021/aug/domestic-financial-conditions.html
Domestic Financial Conditions
6 May 2021
SMP
– May 2021
Market conditions were strained as yields rose, but improved through March as long-term AGS yields settled (see below). ... The futures basis then narrowed a little as market conditions settled following the stabilisation in AGS yields.
https://www.rba.gov.au/publications/smp/2021/may/domestic-financial-conditions.html
Domestic Financial Conditions
5 Nov 2021
SMP
– November 2021
For longer-dated AGS, the increase in bid-offer spreads was more modest and short-lived. ... Demand has been strong at both AGS and semis auctions. Graph 3.8.
https://www.rba.gov.au/publications/smp/2021/nov/domestic-financial-conditions.html
Financial Conditions
7 May 2024
SMP
– May 2024
Financial Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/financial-conditions.html
Overview
8 May 2020
SMP
– May 2020
To achieve the target and to support market functioning, the Bank has purchased $50 billion of AGS and semis in the secondary market. ... Market functioning in both the AGS and semis bond markets has improved significantly.
https://www.rba.gov.au/publications/smp/2020/may/overview.html
Overview
7 Aug 2020
SMP
– August 2020
The yield on 3-year Australian Government Securities (AGS) has been consistent with the target of around 25 basis points, but had been a little higher than this over recent weeks. ... To ensure that the yield on 3-year bonds remains consistent with the
https://www.rba.gov.au/publications/smp/2020/aug/overview.html
Domestic Financial Conditions
7 Aug 2020
SMP
– August 2020
Further purchases of AGS will be undertaken as necessary to meet the yield target. ... the usual approach of dealers to hold fewer semis on their balance sheet relative to AGS.
https://www.rba.gov.au/publications/smp/2020/aug/domestic-financial-conditions.html
Domestic Financial Conditions
5 Nov 2020
SMP
– November 2020
The announcement in November of a further package of policy measures saw 10-year AGS yields decline further. ... of AGS and $45 billion of Treasury Notes issued in the preceding three months (Graph 4.4).
https://www.rba.gov.au/publications/smp/2020/nov/domestic-financial-conditions.html
Domestic Financial Conditions
4 Feb 2021
SMP
– February 2021
However, other factors also influence AGS yields, including economic developments domestically and offshore. ... Spreads between the yields on semis and AGS remain near historical lows (Graph 3.3).
https://www.rba.gov.au/publications/smp/2021/feb/domestic-financial-conditions.html