Search: 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.
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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
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