Search: ABCP
RBA Glossary definition for ABCP
ABCP – Asset-backed commercial paper
Search Results
Domestic Financial Markets and Conditions
10 May 2008
SMP
– May 2008
Three small ABCP programs were placed on credit watch negative as a result of the PMI downgrade (the programs are currently rated A1+). ... The amount of ABCP outstanding continued to decline in February, falling by $5 billion to $53 billion,
https://www.rba.gov.au/publications/smp/2008/may/dom-fin-mkts.html
Box B: The Domestic Credit-wrapped Bond Market
10 Aug 2008
SMP
– August 2008
Around half of credit-wrapped bond investors (banks, insurers, ABCP conduits and structured investment vehicles) have mandates to only hold highly rated bonds and may be required to sell, or have
https://www.rba.gov.au/publications/smp/2008/aug/box-b.html
List of graphs
10 Nov 2008
SMP
– November 2008
Graph 65: Australian ABCP.
https://www.rba.gov.au/publications/smp/2008/nov/graphs.html
Box E: Normalisation of Domestic Market Dealing Operations
5 Nov 2009
SMP
PDF
137KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2009/nov/pdf/box-e.pdf
International and Foreign Exchange Markets
10 Nov 2007
SMP
– November 2007
This increased risk aversion manifested itself in an unwillingness to rollover asset-backed commercial paper (ABCP) (Graph 17). ... As the ABCP market dried up, financial vehicles that had funded long-term investments with short-term ABCP turned to
https://www.rba.gov.au/publications/smp/2007/nov/intl-fx-mkts.html
Financial Stability Review – September 2008
13 Oct 2008
FSR
– September 2008
PDF
692KB
https://www.rba.gov.au/publications/fsr/2008/sep/pdf/0908.pdf
The Australian Financial System
10 Sep 2008
FSR
– September 2008
As noted in the March 2008 Review, conditions have been difficult in both the ABCP market and the RMBS market. ... The spread on ABCP over the bank bill rate is also significantly higher than a year ago.
https://www.rba.gov.au/publications/fsr/2008/sep/aus-fin-sys.html
The Australian Financial System
10 Sep 2009
FSR
– September 2009
As discussed in detail in previous Reviews, ABCP markets around the world were the first to be affected by the repricing of risk. ... As at June 2009, the outstanding value of ABCP issued by Australian entities (on and offshore) was around $32 billion,
https://www.rba.gov.au/publications/fsr/2009/sep/aus-fin-sys.html
Domestic Financial Markets
10 May 2009
SMP
– May 2009
Despite a slight pick-up in February – the latest comprehensive data available – the amount of asset-backed commercial paper (ABCP) has fallen to $38 billion, 50 per cent below its peak ... Falls in onshore ABCP over the past 18 months have been
https://www.rba.gov.au/publications/smp/2009/may/dom-fin-mkts.html
Statement on Monetary Policy - May 2008
9 May 2008
SMP
PDF
626KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2008/may/pdf/0508.pdf