Data Extraction

(i) April, The RBA has announced yield targeting on 3-year government bonds at 0.25% through purchases of government bonds in the secondary market. On May 5, RBA has purchased AUD50 billion of Australia Government securities (AGS) and semis in the secondary market; (ii) May 5 and June 2, the RBA announced that it will maintain the current policy setting.

Government of Canada Bond Purchase Program (GBPP): Purchases will begin with a minimum of CAD5 billion per week across the yield curve. The program will be adjusted as conditions warrant but will continue until the economic recovery is well underway. As of June 10 ,T-bill holdings have increased by CAD90.8025 billion, while goverrnment bond holdings have increased by CAD68.752 billion; June 3, Bank of Canada began purchasing Government of Canada Real Return Bonds; as of June 10, the purchased amount is CAD1.268 billion.

Purchases of government bonds are included in Measure 2 (Encourage Private Credit Creation). The amount could not be disaggregated from the EUR 750 billion PEPP program.

No amount/estimate: The BOJ will purchase a necessary amount of JGBs without setting an upper limit so that 10-year JGB yields will remain at around 0%.