Reserve Bank of New Zealand Assistant, Governor Hawkesby, said in an interview:
Key notes
- Urges banks to step up in corporate bond market.
- Buying LGFA should help corporate bond market.
- Considering other assets for QE, linkers on the list.
- There’s a limit to how much of bond mkt RBNZ can buy.
- RBNZ didn’t know exact size of Q4 govt bond issuance.
- Says RBNZ ‘very open’ to changing size of QE program.
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