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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Discussion On the Economics of Committed Liquidity Facilities | Conference – 2013
19 Aug 2013
Conferences
They also noted that bonds generally attracted a premium, and asked if they would attract a higher yield than reserves in the model's equilibrium. ... Dr Bech concurred, and noted that there would be differences in spreads between bond yields but that
https://www.rba.gov.au/publications/confs/2013/bech-keister-disc.html
Biographies of Contributors | Conference – 2004
9 Aug 2004
Conferences
Recent work on Asia has included analyses of capital flows since the crisis, financial integration, bond markets, foreign exchange markets, monetary policy, foreign currency deposits, and foreign banks' domestic currency lending. ... After joining the
https://www.rba.gov.au/publications/confs/2004/bios-2004.html
Discussion on Alternative Models of Financial System Development | Conference – 1996
9 Jul 1996
Conferences
Some of the larger companies were able to issue corporate bonds on overseas markets but this vehicle was not really available to small firms. ... It was suggested that a similar pattern might emerge in Australia if utilities are privatised, which could
https://www.rba.gov.au/publications/confs/1996/fukao-disc.html
Biographies of Contributors | Conference – 2001
24 Jul 2001
Conferences
Mr McCauley has written widely on topics such as bond-market volatility, offshore lending to US corporations, the profitability of direct foreign investment in the United States, national differences in the
https://www.rba.gov.au/publications/confs/2001/bios-2001.html
An Industry Perspective on the Future of the Australian Financial System | Conference – 1996
9 Jul 1996
Conferences
As superannuation assets grow very rapidly the supply of one of the major asset classes – government bonds – will stagnate or contract as governments have less need to issue new debt. ... Past attempts to establish a corporate bond market in
https://www.rba.gov.au/publications/confs/1996/cole.html
Discussion on Demographic Change, Saving and Asset Prices: Theory and Evidence | Conference – 2006
23 Jul 2006
Conferences
Assets where demand is overly dominated by local savings and investment trends include property and, to a lesser extent, domestic government bonds (partly due to regulatory reporting requirements). ... Yet, in some countries there are proposals to
https://www.rba.gov.au/publications/confs/2006/borsch-supan-disc.html
When is a Housing Market Overheated Enough to Threaten Stability? | Conference – 2012
20 Aug 2012
Conferences
RBA Annual Conference – 2012 When is a Housing Market Overheated Enough to Threaten Stability? John Muellbauer. In many economies, housing prices are subject to boom-bust cycles and in some cases these cycles are linked to severe economic and
https://www.rba.gov.au/publications/confs/2012/muellbauer.html
The Evolution of Financial Deregulation | Conference – 1991
21 Jun 1991
Conferences
balance sheet (altering their excess reserves if the non-bank public's holdings of bonds changed). ... the operating system evolved in two important ways. First, the bond interest rate was no longer the focus of attention.
https://www.rba.gov.au/publications/confs/1991/grenville.html
On the Economics of Committed Liquidity Facilities | Conference – 2013
19 Aug 2013
Conferences
over a wide range of bond holdings by banks. The right-hand panel, in contrast, depicts a situation in which the total quantity of bonds. ... Equilibrium bond holdings are denoted by B and the equilibrium interest rate on bonds by.
https://www.rba.gov.au/publications/confs/2013/bech-keister.html
Discussion on Bank Funding and Financial Stability | Conference – 2013
19 Aug 2013
Conferences
unsecured debt instruments such as contingent convertible bonds (CoCos), which converted to equity when equity fell below a certain threshold. ... Professor Gai suggested that a more detailed model could allow for multiple funding forms with endogenous
https://www.rba.gov.au/publications/confs/2013/gai-haldane-kapadia-nelson-disc.html