Search: CAC

Sort by: Relevance Date
17 of 7 search results for CAC

RBA Glossary definition for CAC

CAC – Collective Action Clause. A clause in bond contracts that includes provisions allowing a qualified majority of lenders to amend key financial terms of the debt contract and bind a minority to accept these new terms.

Search Results

Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets

2 Dec 2009 RDP PDF 91KB
We then test whether the impact of CACs might be somewhat dependent upon credit quality by including a term that interacts the CAC dummy with the numerical ratings variable. ... and without CACs Explanatory variable. No CAC variable. CAC dummy variable
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-02.pdf

Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets

1 Mar 2003 RDP 2003-02
Mark Gugiatti and Anthony Richards
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2003/2003-02.html
See 5 more results from "RDP 2003-02"

Box B: The Greek Private Sector Debt Swap

10 May 2012 SMP – May 2012
The majority of bondholders voluntarily participated in the exchange and the Greek Government activated collective action clauses (CACs) to compel most remaining holders to participate. ... As noted above, the activation of CACs constituted a ‘credit
https://www.rba.gov.au/publications/smp/2012/may/box-b.html

Box B: The Greek Private Sector Debt Swap

3 May 2012 SMP - May 2012 PDF 454KB
https://www.rba.gov.au/publications/smp/2012/may/pdf/box-b.pdf

Data

31 Dec 2003 RDP 2003-06
Jaideep Bedi, Anthony Richards and Paul Tennant
Data for market indices were obtained from Datastream and include series for the Australian ASX 100, Belgian BEL 20, Dutch AEX, Finnish HEX 25, French CAC 40, Swedish OMX, Swiss SPI,
https://www.rba.gov.au/publications/rdp/2003/2003-06/data.html

Statement on Monetary Policy - May 2012

4 May 2012 SMP - May 2012 PDF 2261KB
https://www.rba.gov.au/publications/smp/2012/may/pdf/0512.pdf

The Characteristics and Trading Behaviour of Dual-listed Companies

2 Dec 2009 RDP PDF 382KB
Data for market indices were obtained from Datastream and include series for the Australian ASX 100, Belgian BEL 20, Dutch AEX, Finnish HEX 25, French CAC 40, Swedish OMX, Swiss SPI,
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-06.pdf