Search: GFC
RBA Glossary definition for GFC
GFC – Global Financial Crisis
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The Real Effects of Debt Covenants: Evidence from Australia
25 Oct 2022
RDP
2022-05
The structure of debt covenants among reporting firms also appears to have gone through a significant change around the GFC. ... As such, the role of covenants in amplifying monetary policy transmission post-GFC might have been dampened by the shift away
https://www.rba.gov.au/publications/rdp/2022/2022-05/full.html
Introduction
25 Oct 2022
RDP
2022-05
As such, they can have first-order effects on economic activity. This was brought into sharp focus after the global financial crisis (GFC) and again following the COVID-19 pandemic.
https://www.rba.gov.au/publications/rdp/2022/2022-05/introduction.html
Corporate Debt Covenants in Australia
25 Oct 2022
RDP
2022-05
The structure of debt covenants among reporting firms also appears to have gone through a significant change around the GFC. ... In fact, the unsecured share of loans in the sample has increased from around 8 per cent before the GFC to 12 per cent after
https://www.rba.gov.au/publications/rdp/2022/2022-05/corporate-debt-covenants-in-australia.html
Aggregate Effects of Covenant Composition
25 Oct 2022
RDP
2022-05
As such, the role of covenants in amplifying monetary policy transmission post-GFC might have been dampened by the shift away from ICC towards NICC.
https://www.rba.gov.au/publications/rdp/2022/2022-05/aggregate-effects-of-covenant-composition.html