Search: PAIF

RBA Glossary definition for PAIF

PAIF – Pan Asia Bond Index Fund. A component of the second stage of EMEAP�s Asian Bond Fund initiative (ABF). The PAIF is an exchange-traded fund listed on the Hong Kong Stock Exchange and cross-listed on the Tokyo Stock Exchange. The PAIF tracks the performance of the Markit iBoxx ABF Pan Asia index and invests in domestic currency-denominated government and quasi-government bonds issued in eight of the eleven EMEAP economies (i.e. excluding Australia, Japan and New Zealand).