Search: Australian Securities Exchange

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1–5 of 5 collapsed search results for Australian Securities Exchange

RBA Glossary definition for Australian Securities Exchange

Australian Securities Exchange – The Australian Securities Exchange is Australia's primary national exchange for equities, warrants and equity-related derivatives.

RBA Glossary definition for securities

securities – A financial instrument which represents a claim over real assets or a future income stream. Such instruments are usually tradeable. Examples of securities include bonds, bills of exchange, promissory notes, certificates of deposit and shares.

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The Main Questions

1 Dec 1988 RDP 8812
Ian Macfarlane
long-term interest rates over recent years was the fall in the Australian exchange rate and the increase in inflation over 1985 and 1986. ... If it were not so, then there would be an incentive to either sell the long-term security and purchase the
https://www.rba.gov.au/publications/rdp/1988/8812/main-questions.html

Structural Background

1 Dec 1988 RDP 8812
Ian Macfarlane
The major changes were:. the floating of the Australian dollar in December 1983. ... This has quickly translated to a rise in all short-term security yields.
https://www.rba.gov.au/publications/rdp/1988/8812/structural-background.html

Appendix 2: Empirical Evidence on the Term Structure of Interest Rates in Australia

1 Dec 1988 RDP 8812
Ian Macfarlane
It seems possible that a falling exchange rate, when it occurs, may induce a risk premium in returns on local securities, particularly at the longer end. ... The foreign bond rate, R. (t). This variable is included because it is often thought that
https://www.rba.gov.au/publications/rdp/1988/8812/appendix-2.html

Appendix 1: The Interest Parity Condition

1 Dec 1988 RDP 8812
Ian Macfarlane
where. is the steady-state or long-run real exchange rate and ε. ... the exchange rate made for a fairly close relationship between Australian and international bond rates.
https://www.rba.gov.au/publications/rdp/1988/8812/appendix-1.html

The Transmission of Monetary Policy

1 Dec 1988 RDP 8812
Ian Macfarlane
Overseas holders of Australian government bonds can vary their positions according to their views about future movements in interest rates and exchange rates. ... However, it is difficult to produce evidence in the Australian case of a separate
https://www.rba.gov.au/publications/rdp/1988/8812/transmission-of-monetary-policy.html