The Bank has been purchasing both bonds in our operations in recent weeks to maintain the target.
Graph 6  Australian Government Bond Yields %  %  Target introduced on 19 March 2020  0.75  0.75  0.50  0.50 April 2024  0.25  0.25 April 2023  0.00  J  F  M  A  M 2020  J  J  A  S  0.00  Source: Yieldbroker  It is worth reiterating that there are two related but separate motivations for the Bank's government bond purchases since March.