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RDP 2003-12: The Real-time Forecasting Performance of Phillips Curves
RDP 2003-11: How Should Monetary Policy Respond to Asset-price Bubbles?
RDP 2003-10: Productivity and Inflation
RDP 2003-09: Housing Leverage in Australia
RDP 2003-08: A Tale of Two Surveys: Household Debt and Financial Constraints in Australia
RDP 2003-07: Housing Wealth, Stock Market Wealth and Consumption: A Panel Analysis for Australia
RDP 2003-06: The Characteristics and Trading Behaviour of Dual-listed Companies
RDP 2003-05: What Do Financial Market Data Tell Us About Monetary Policy Transparency?
RDP 2003-04: Identifying the Efficacy of Central Bank Interventions: Evidence from Australia
RDP 2003-03: Australia's Medium-run Exchange Rate: A Macroeconomic Balance Approach
RDP 2003-02: Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets
RDP 2003-01: Business Surveys and Economic Activity

Research Discussion Paper – RDP 2003-02 Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets

Mark Gugiatti and Anthony Richards

March 2003

Abstract
Download the Paper 92KB

Contents

Introduction
Background on Collective Action Clauses
Did Decisions on Collective Action Clauses on New Issues Affect Secondary Market Spreads?
Were Collective Action Clauses Priced in Early 2003?
Conclusion
References

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