Search: CAC
RBA Glossary definition for CAC
CAC – Collective Action Clause. A clause in bond contracts that includes provisions allowing a qualified majority of lenders to amend key financial terms of the debt contract and bind a minority to accept these new terms.
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Box B: The Greek Private Sector Debt Swap
10 May 2012
SMP
– May 2012
The majority of bondholders voluntarily participated in the exchange and the Greek Government activated collective action clauses (CACs) to compel most remaining holders to participate. ... As noted above, the activation of CACs constituted a ‘credit
https://www.rba.gov.au/publications/smp/2012/may/box-b.html
Box B: The Greek Private Sector Debt Swap
3 May 2012
SMP
- May 2012
PDF
454KB
https://www.rba.gov.au/publications/smp/2012/may/pdf/box-b.pdf
Statement on Monetary Policy - May 2012
4 May 2012
SMP
- May 2012
PDF
2261KB
https://www.rba.gov.au/publications/smp/2012/may/pdf/0512.pdf
Submission to the Inquiry into Public Governance, Performance and Accountability Act 2013 Rules Development | Performance and…
1 Mar 2014
Submissions
Commonwealth Authorities and Companies Act 1997. (CAC Act), which currently applies to the Reserve Bank of Australia (RBA), and the.
https://www.rba.gov.au/publications/submissions/other/inquiry-public-governance-performance-and-accountability-act-rules-development/
Submission to the Inquiry Into Public Governance, Performance and Accountability Act 2013 Rules Development
20 Mar 2014
Submissions
PDF
126KB
Inquiry Into Public Governance, Performance and Accountability Act 2013 Rules Development
https://www.rba.gov.au/publications/submissions/other/inquiry-public-governance-performance-and-accountability-act-rules-development/pdf/inquiry-public-governance-performance-and-accountability-act-rules-development.pdf