Search: bond
RBA Glossary definition for bond
bond – In general terms, a bond is a statement of debt with a medium to long term to maturity at the time it is issued. The holder of a bond is a lender to the issuer. As such, the statement gives the issuer an obligation to provide the holder with an income payment and/or a stream of income payments over the life of the bond and to repay the principal. The risk that the issuer cannot fulfil their obligation varies from issuer to issuer and over time.
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The Bond Market
1 Nov 1984
RDP
8403
The actual level of the bond rate, r. b. , is assumed to adjust towards. ... in principle be met by a mix of exchange market and bond market operations.
https://www.rba.gov.au/publications/rdp/1984/8403/the-bond-market.html
Appendix: RBII Specification
1 Nov 1984
RDP
8403
B. government bonds held by private non-bank groups. c. real cash benefits to persons. ... synthetic variable for increases in official interest-rates, 1961, 1973. QS8. dummy variable for the introduction of Australian Savings Bonds 1976(1)–(2).
https://www.rba.gov.au/publications/rdp/1984/8403/appendix.html
Modelling Recent Developments in Australian Asset Markets: Some Preliminary Results
1 Nov 1984
RDP
8403
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1984/8403.html
Conclusion
1 Nov 1984
RDP
8403
rate, the introduction of a tender system for government bonds and interest rate deregulation. ... partial adjustment mechanism may be appropriate for the determination of the bond rate;.
https://www.rba.gov.au/publications/rdp/1984/8403/conclusion.html
Modelling Recent Developments in Australian Asset Markets: Some Preliminary Results
1 Nov 1984
RDP
8403
Research Discussion Paper – RDP 8403 Modelling Recent Developments in Australian Asset Markets: Some Preliminary Results. J.G. Fahrer and R.W. Rankin. November 1984. 633. KB. Endnote. The views expressed herein are solely those of the author(s)
https://www.rba.gov.au/publications/rdp/1984/8403/
The Money Market
1 Nov 1984
RDP
8403
in equation (19) of RBII to depend on both the bond rate r. ... b. , and the bill rate, r. b1. , rather than only on the bond rate.
https://www.rba.gov.au/publications/rdp/1984/8403/the-money-market.html
Simulation Results
1 Nov 1984
RDP
8403
Bonds (figure 5) rise strongly, as does the bond rate (figure 3). ... This increase in the supply of bonds leads to an increase in the bond rate (equation (20'); figure 3).
https://www.rba.gov.au/publications/rdp/1984/8403/simulation-results.html
Introduction
1 Nov 1984
RDP
8403
This structure requires revision after the adoption in 1982 of the system for selling government securities (hereafter “bonds”) by tender, the floating in 1983 of the Australian dollar, and the removal ... and 4 deal with the modelling of the money
https://www.rba.gov.au/publications/rdp/1984/8403/introduction.html
The Foreign Exchange Market
1 Nov 1984
RDP
8403
This differs from the assumption about adjustment in the bond market, and requires that the specification of the net supply of foreign exchange is short-run in nature, and not a
https://www.rba.gov.au/publications/rdp/1984/8403/the-foreign-exchange-market.html