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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Explaining Monetary Spillovers: The Matrix Reloaded
8 Apr 2019
RDP
PDF
1861KB
to exchange rates. In support of the bond risk premium spillover channel, financial openness. ... government bond yield that is orthogonal to the change in 2-year yields.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-03.pdf
The Consequences of Low Interest Rates for the Australian Banking Sector
21 Dec 2022
RDP
2022-08
Banks therefore issued fewer bonds in favour of borrowing directly from the RBA via the TFF. ... In addition to the direct effect on banks' costs of funding, the lower bond issuance reduced the supply of banks' bonds, thereby lowering yields on the bonds
https://www.rba.gov.au/publications/rdp/2022/2022-08/full.html
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A History of Australian Corporate Bonds
29 Jan 2015
RDP
PDF
606KB
2 While our corporate bond data for the period prior to 1983 only includes bonds issued. ... Figure 7: Australian Corporate Bond Market Bonds outstanding as a per cent of GDP.
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-09.pdf
Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia
16 Mar 2023
RDP
PDF
1288KB
Bond and Van Reenen 2007;. Hambur and La Cava 2018). To account for such dynamics, we extend the regression in Table 1 to.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-03.pdf
The Effect of Mortgage Debt on Consumer Spending: Evidence from Household-level Data
1 Jul 2019
RDP
2019-06
Research Discussion Paper – RDP 2019-06 The Effect of Mortgage Debt on Consumer Spending: Evidence from Household-level Data. Fiona Price, Benjamin Beckers and Gianni La Cava. July 2019. 1.47. MB. 1. Introduction. The household debt-to-income
https://www.rba.gov.au/publications/rdp/2019/2019-06/full.html
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Demand in the Repo Market: Indirect Perspectives from Open Market Operations from 2006 to 2020
15 May 2024
RDP
2024-03
Finlay R, C Seibold and M Xiang (2020), ‘Government Bond Market Functioning and COVID-19’, RBA Bulletin, September. ... For many years, the Reserve Bank has also used outright bond purchases and foreign exchange swaps to manage domestic liquidity.
https://www.rba.gov.au/publications/rdp/2024/2024-03/full.html
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A Term Structure Decomposition of the Australian Yield Curve
28 Dec 2008
RDP
PDF
578KB
hypothetical) zero-coupon bonds, which are bonds that do not makeany periodic interest payments. ... Similarly, for bond yield forecasts wecan write. ȳt,τ = a10 b′10 e.
https://www.rba.gov.au/publications/rdp/2008/pdf/rdp2008-09.pdf
Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia
22 Feb 2018
RDP
PDF
1672KB
government bonds into expectations for real and nominal interest rates, expectations for inflation,. ... 0 1t t π X (6). 4 An example of government bonds providing a form of insurance is the global financial crisis, which saw bond
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-02.pdf
A Model of the Australian Housing Market
1 Mar 2019
RDP
2019-01
Moreover, reflecting volatility of bond yields in the early 1980s, any quantitative decomposition is quite sensitive to the assumed starting point.
https://www.rba.gov.au/publications/rdp/2019/2019-01/full.html
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The Effect of Mortgage Debt on Consumer Spending: Evidence from Household-level Data
9 Jul 2019
RDP
PDF
2076KB
The Effect of Mortgage Debt on Consumer Spending: Evidence from. Household-level Data. Fiona Price, Benjamin Beckers and Gianni La Cava. Research Discussion Paper. R D P 2019 - 06. Figures in this publication were generated using Mathematica. The
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-06.pdf