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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Discussion on Apocalypse Then: The Evolution of the North Atlantic Economy and the Global Crisis | Conference – 2011
16 Aug 2011
Conferences
They then adjust the model by assuming: (1) highly correlated bond and equity risk premiums for the United States, the United Kingdom and the euro area; and (2) that half of ... Therefore, while imposing the observed correlation between bond rates on the
https://www.rba.gov.au/publications/confs/2011/bayoumi-bui-disc.html
Twenty-five Years of Inflation Targeting in Australia | Conference – 2018
12 Apr 2018
Conferences
The ‘over the cycle’ language was too ‘fuzzy’. Reflecting such concerns, bond yields had risen quite significantly in 1994 in anticipation of a material increase in inflation.
https://www.rba.gov.au/publications/confs/2018/debelle.html
Inflation: Performance and Policy | Conference – 1990
21 Jun 1990
Conferences
RBA Annual Conference – 1990 Inflation: Performance and Policy Jeffrey Carmichael. By most counts, Australia's overall economic performance in the 1980s was relatively successful. Following a brief recession in 1982/83, growth of output averaged
https://www.rba.gov.au/publications/confs/1990/carmichael.html
Discussion on Demographic Change and Asset Prices | Conference – 2006
23 Jul 2006
Conferences
While Robin Brooks' paper focuses on stock and bond prices, participants also discussed the implications of ageing for housing prices, noting that in many countries the majority of people hold wealth,
https://www.rba.gov.au/publications/confs/2006/brooks-disc.html
Discussion on Bank Funding and Financial Stability | Conference – 2013
19 Aug 2013
Conferences
unsecured debt instruments such as contingent convertible bonds (CoCos), which converted to equity when equity fell below a certain threshold. ... Professor Gai suggested that a more detailed model could allow for multiple funding forms with endogenous
https://www.rba.gov.au/publications/confs/2013/gai-haldane-kapadia-nelson-disc.html
Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting? | Conference – 2004
9 Aug 2004
Conferences
The Japanese government has regularly issued long-term government bonds with fixed interest rates. ... The chart shows the increase in purchases of long-term bonds and the current account balances target over time.
https://www.rba.gov.au/publications/confs/2004/ito.html
Discussion | Conference – 2016
18 Mar 2016
Conferences
This is because foreign assets, in the form of official reserves, are mostly invested in foreign government bonds, which have low rates of return. ... Meanwhile, mainland Chinese firms listed in Hong Kong redeemed a total of US$3.4 billion USD bonds
https://www.rba.gov.au/publications/confs/2016/schipke-discussion.html
Central Bank Liquidity Provision and Core Funding Markets | Conference – 2013
19 Aug 2013
Conferences
Sovereign debt (Government of Canada bonds and treasury bills). The sovereign debt market is at the core of the financial system in most countries. ... yields, and contagion to other peripheral bond market spreads as their fiscal positions came into
https://www.rba.gov.au/publications/confs/2013/johnson-santor.html
Discussion | Conference – 2016
18 Mar 2016
Conferences
Dr Lardy added that bond issuance was still more heavily weighted to the state and that limited access to credit was an issue often raised by private firms.
https://www.rba.gov.au/publications/confs/2016/lardy-discussion.html
Internationalisation and the Macroeconomy | Conference – 1994
11 Jul 1994
Conferences
Shocks to world asset markets (like the stockmarket crash in October, 1987 and the rise in long bond yields in 1994) now translate rapidly to Australian asset markets and may, as ... Given this tentative conclusion, we complete the section with an
https://www.rba.gov.au/publications/confs/1994/gruen-shuetrim.html