his assistant the runner spoke to tracy withers -- a assistant governor spoke to tracy withers.er raising the fiscal stimulus last week, they almost as the them out of bonds budget deficit grows, new zealand also embarks on spending plans, steps to get the economy righted from the lockdown which have proved effective for them. he says the amount of fiscal stimulus doesn't need to be changed after the release of the budget must week, but that is another thing i want to pursue because there is banks and economists and many others thinking having doubled it, it would be surprising to see the rbnz race that limit on how many purchases they can buy again. a lot of things to ask him about. haidi: looking forward to that. kathleen hays. you will stay tuned for the interview in just about an hour's time at 9:30 in sydney, half past 7:00 in hong kong. it is hard for the u.s. to begin to reopen from the lockdown. one person says that doesn't mean it should relax guidelines. she talked about how reaction has changed. adrenaline rush of the ambience -- ambulances have diminished everyone ha

means for your target, for bond purchases this year, of course, your assistant governor spoke to tracy withers today, saying that did not change much. to get back to the bigger picture question, are you really only basing your sense of how many bonds you will have to buy or want to buy, how you are going to keep the yield curve flat, how you are going to keep your yields low based on how many the government is issuing? are there other factors that are equally important to that? adrian: i think there are other factors that are actually the driver. we have chosen to use quantitative easing and large-scale asset purchases as our preferred instrument given the official cash rate is so low. we do not want to go negative at this point. we are prepared to if we have to, but not until a lot later. obviousnt bonds, the asset we can be purchasing. the good news is there's more of them coming on the market. when we were talking about alternative monetary policy tools this time last year, one of the concerns for new zealand, given the fiscal debt position is we did not have a lot of government bonds to ac