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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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
Wrap-up Panel Discussion | Conference – 2018
12 Apr 2018
Conferences
bond yields, an acceleration in productivity growth in the 1990s, US debt consolidation, and China and eastern Europe joining the world market.
https://www.rba.gov.au/publications/confs/2018/irvine-lowe-posen-shirai.html
Robust Design Principles for Monetary Policy Committees | Conference – 2018
12 Apr 2018
Conferences
During World War II, the Federal Reserve held the short-term Treasury bill rate close to zero and capped the yield on long-term Treasury bonds.
https://www.rba.gov.au/publications/confs/2018/archer-levin.html
The Transmission of Monetary Policy through Banks' Balance Sheets | Conference – 2018
12 Apr 2018
Conferences
b) Examples include bonds, certificates of deposit, bank bills, asset-backed securities, and hybrid securities. ... Long-term debt spreads equal the value-weighted average spreads at issuance of the major banks' outstanding bonds.
https://www.rba.gov.au/publications/confs/2018/brassil-cheshire-muscatello.html
Is Monetary Policy Less Effective When Interest Rates Are Persistently Low? | Conference – 2017
16 Mar 2017
Conferences
The reduction in bond yields and loan rates per dollar spent in the programs have consistently fallen over time in the G3 economies. ... The numbers refer to the sovereign bonds represented in the Merrill Lynch World Sovereign index.
https://www.rba.gov.au/publications/confs/2017/borio-hofmann.html
Exploring the Link between the Macroeconomic and Financial Cycles | Conference – 2017
16 Mar 2017
Conferences
2.4. 4.8. 1.9. 3.5. 5.5. Notes: (a) Includes credit, housing prices, equity prices and 10-year government bond rates. ... As a robustness check, we repeat our analysis excluding equity prices and the long-term government bond rate.
https://www.rba.gov.au/publications/confs/2017/cagliarini-price.html
Monetary Policy and Financial Stability | Conference – 2017
16 Mar 2017
Conferences
RBA Annual Conference – 2017 Monetary Policy and Financial Stability Giovanni Dell'Ariccia, Karl Habermeier, Vikram Haksar and Tommaso Mancini-Griffoli (with an IMF staff team). 1.33. MB. Before the global financial crisis, a widespread consensus
https://www.rba.gov.au/publications/confs/2017/dell-ariccia-habermeier-haksar-mancini-griffoli.html
Capital Account Liberalisation and China's Effect on Global Capital Flows | Conference – 2016
18 Mar 2016
Conferences
Also in early 2016, access to the interbank bond market was expanded for international investors (PBC 2016). ... 中国人民银行进一步放开境外机构投资者投资银行间债券市场’ (The People's Bank of China Further Opens the Interbank
https://www.rba.gov.au/publications/confs/2016/schipke.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
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