Search: Treasury adjustable rate bonds
RBA Glossary definition for Treasury adjustable rate bonds
Treasury adjustable rate bonds – Australian Government Securities with an adjustable interest/coupon rate, periodically reset according to movements in the Australian Bank Bill Swap Reference Rate. These securities are no longer issued by the Commonwealth Government.
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Appendix D: The Measurement of Subprime Mortgage Lending
31 Dec 2013
RDP
2013-05
For example, to calculate the interest rate spread on an adjustable-rate mortgage (ARM) with a contract maturity of 30 years, the HMDA uses the interest rate on a 30-year ... Treasury bond even though the interest rate on the loan may actually be priced
https://www.rba.gov.au/publications/rdp/2013/2013-05/appendix-d.html
Is Monetary Policy Less Effective When Interest Rates Are Persistently Low? | Conference – 2017
16 Mar 2017
Conferences
Lower interest rates mean lower interest payments by borrowers to the extent that loans are at adjustable rates or can be refinanced. ... For instance, the redistribution to borrowers will be greater if debt contracts are at adjustable rates (Garriga,
https://www.rba.gov.au/publications/confs/2017/borio-hofmann.html
The Effect of Mortgage Debt on Consumer Spending: Evidence from Household-level Data
1 Jul 2019
RDP
2019-06
If high levels of debt cause households to reduce their spending, providing debt relief or easing financing constraints through lower interest rates or tax incentives may lift spending. ... 0. ), the nominal mortgage interest rate (i), the age of the
https://www.rba.gov.au/publications/rdp/2019/2019-06/full.html
Inflation: Performance and Policy | Conference – 1990
21 Jun 1990
Conferences
The possibility of divergence was, of course, predictable, given the changes in Australia's exchange rate system in 1983 from an adjustable peg to a floating rate. ... This occurs because interest rate changes generate an income effect (higher rates
https://www.rba.gov.au/publications/confs/1990/carmichael.html
When is a Housing Market Overheated Enough to Threaten Stability? | Conference – 2012
20 Aug 2012
Conferences
The relevant interest rate will be the rate at which builders can borrow, which will be correlated with, but not identical to, mortgage interest rates. ... With proper controls for shifting access to credit, income growth expectations, interest rates and
https://www.rba.gov.au/publications/confs/2012/muellbauer.html
The Sub-prime Crisis: Causal Distortions and Regulatory Reform | Conference – 2008
14 Jul 2008
Conferences
Low US interest rates (the federal funds rate was 1 per cent in 2003/04) following the tech bust, and the associated weakening in the US dollar from 2002. ... This transformation was made possible by the role of bond insurance and CRAs.
https://www.rba.gov.au/publications/confs/2008/blundell-wignall-atkinson.html
The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases
24 May 2022
RDP
2022-02
In particular we consider two variants: the first assumes that AGS yields would have moved in line with those of US Treasury bonds; and the second constructs a counterfactual based on ... Target bond yields. 3-year OIS rate. Target bond yields. 3-year
https://www.rba.gov.au/publications/rdp/2022/2022-02/full.html
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China's Evolving Monetary Policy Framework in International Context
9 Dec 2019
RDP
2019-11
financial markets, interest rates, mining, monetary policy, money, open economy. China's monetary policy framework has evolved considerably over the years. ... arrangements. Fourth, our empirical analysis of monetary policy transmission points to both
https://www.rba.gov.au/publications/rdp/2019/2019-11.html
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Data
23 Apr 2019
RDP
2019-03
shows path shocks as the change in 2-year US Treasury bond yields orthogonalised against the change in 1-month OIS rates; the bottom panel shows premium shocks as the change ... in 10-year US Treasury bond yields orthogonalised against the change in
https://www.rba.gov.au/publications/rdp/2019/2019-03/data.html
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Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data
15 Feb 2024
RDP
2024-01
bond spreads, option-implied volatility). The shocks are then constructed as the deviation of the actual policy rates from that implied by the rule. ... We consider four measures:. The change in the policy rate (cash rate) itself.
https://www.rba.gov.au/publications/rdp/2024/2024-01/full.html