Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Australia 07 07 - Central bank financing government AUD 50,000,000,000 31,089,999,979
Australia 07A 07A - Direct lending and reserve drawdown AUD
Australia 07B 07B - Secondary purchase: government securities AUD 50,000,000,000 31,089,999,979 RBA. (accessed on 14 May 2020); RBA. (accessed 3 June 2020).

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. May 5 and June 2, the RBA announced that it will maintain the current policy setting.