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RBA Glossary definition for bond

bond – In general terms, a bond is a statement of debt with a medium to long term to maturity at the time it is issued. The holder of a bond is a lender to the issuer. As such, the statement gives the issuer an obligation to provide the holder with an income payment and/or a stream of income payments over the life of the bond and to repay the principal. The risk that the issuer cannot fulfil their obligation varies from issuer to issuer and over time.

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Cross-Country Linkages

1 Nov 1996 RDP 9609
Tro Kortian and James O'Regan
The linkage between daily changes in Australian and foreign bond yields is examined first. ... having greater relevance and importance to Australian bond yield movements, are 7two puzzling questions.
https://www.rba.gov.au/publications/rdp/1996/9609/cross-country-linkages.html

Bond, Share and Foreign Exchange Markets: Descriptive Statistics and Correlations

1 Nov 1996 RDP 9609
Tro Kortian and James O'Regan
Table 1: Bond-Market Volatility (Feb 1987-Feb 1996). Daily basis point changes. ... This is in contrast to the bond market, where they had the lowest volatility.
https://www.rba.gov.au/publications/rdp/1996/9609/bond-share-and-foreign-exchange-markets-descriptive-statistics-and-correlations.html

Australia and the US: Cross-Market Linkages

1 Nov 1996 RDP 9609
Tro Kortian and James O'Regan
As with the Australian bond market, the counterpart US market has the predominant influence. ... where:. is the daily basis point change in country m's long bond yield,.
https://www.rba.gov.au/publications/rdp/1996/9609/australia-and-the-us-cross-market-linkages.html

Australian Financial Market Volatility: An Exploration of Cross-country and Cross-market Linkages

1 Nov 1996 RDP 9609
Tro Kortian and James O'Regan
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1996/9609.html

Australian Financial Market Volatility: An Exploration of Cross-Country and Cross-Market Linkages

1 Nov 1996 RDP 9609
Tro Kortian and James O'Regan
Research Discussion Paper – RDP 9609 Australian Financial Market Volatility: An Exploration of Cross-Country and Cross-Market Linkages. Tro Kortian and James O'Regan. November 1996. 777. KB. We would like to thank Malcolm Edey for his helpful
https://www.rba.gov.au/publications/rdp/1996/9609/

Conclusion

1 Nov 1996 RDP 9609
Tro Kortian and James O'Regan
Daily volatility in the Australian bond market is higher on average than other markets, and displays greater variability over time. ... Finally, volatility in Australian bond and share markets is found to exhibit marked asymmetries.
https://www.rba.gov.au/publications/rdp/1996/9609/conclusion.html

Other Stylised Facts

1 Nov 1996 RDP 9609
Tro Kortian and James O'Regan
This sub-section investigates that issue with respect to the Australian bond and share markets. ... Up-up correlation. Down-down correlation. Mixed correlation. Total correlation. Intra-Australian markets. Share-bond.
https://www.rba.gov.au/publications/rdp/1996/9609/other-stylised-facts.html

Introduction

1 Nov 1996 RDP 9609
Tro Kortian and James O'Regan
The sharp and widespread fall in international bond prices witnessed in 1994 is one of the more recent episodes. ... It assesses the extent to which developments in foreign bond and equity markets influence the size and direction of daily price changes
https://www.rba.gov.au/publications/rdp/1996/9609/introduction.html

References

1 Nov 1996 RDP 9609
Tro Kortian and James O'Regan
177–181. Borio, C.E.V. and R.N. McCauley (1996), ‘The Economics of Recent Bond Yield Volatility’, BIS Economic Papers No.
https://www.rba.gov.au/publications/rdp/1996/9609/references.html