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. May 5, June 2, July 7, September 1, and October 6, the RBA announced that it will maintain the current policy setting. November 3, The RBA announced that it will reduce the 3-year yield target rate from 0.25% to 0.10% [update]; (ii) November 3, The RBA announced that it intends to purchase AUD100 billion of government bonds issued by the Australian Government as well as by the states and territories over the next six months [update].

No amount/estimate: The Bangladesh Bank has announced that it will buy treasury bonds and bills from banks.

May 7, Brazil's Congress approved a constitutional amendment to enable BCB to implement quantitative easing program.

BoC purchases of T-bills were in the primary market as they were auctioned; As of October 15 ,current T-bill holdings have increased by 61.629 CAD billion, with the maximum increase since the end of February occurring on July 29 at CAD115.008 billion; [update]

(i)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; on October 28, BoC announced purchases would gradually decline to CAD4 billion per week; As of November 11, the increase in government bonds owned by BoC has risen CAD195.498 billion since the purchases in response to COVID-19 began [update]; (ii) June 3, Bank of Canada began purchasing Government of Canada Real Return Bonds; as of November 11, the purchased amount is CAD2.646 billion; the peak holdings occurred on October 29 at CAD2.691 billion (pre-COVID BoC did not hold government real return bonds) [update]