Search: ASB
RBA Glossary definition for ASB
ASB – Australian Savings Bond. A superseded form of fixed-interest coupon bond, cashable on thirty days' notice after an initial holding period.
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The Separation of Debt Management and Monetary Policy
10 Nov 1993
Bulletin
– November 1993
Announcements of an increase in the interest rate being offered on debt, or of the introduction of a new instrument such as the Australian Savings Bond (ASB), were seen by financial ... These steps made a big difference, but the continued presence of the
https://www.rba.gov.au/publications/bulletin/1993/nov/1.html
The Evolution of Financial Deregulation | Conference – 1991
21 Jun 1991
Conferences
M3 was controlled by allowing other institutions (including the government – particularly through ASBs) to bid deposits away from the banks, thus continuing to restrict the banks' balance sheet growth. ... The development of NBFIs, the banks' own use
https://www.rba.gov.au/publications/confs/1991/grenville.html
General Discussion | Conference – 1991
21 Jun 1991
Conferences
Many customers closely watched the relativity between the ASB and savings bank and building society deposit rates, and were prepared to switch funds between them.
https://www.rba.gov.au/publications/confs/1991/grenville-valentine-disc.html