Search: ASB
RBA Glossary definition for ASB
ASB – Australian Savings Bond. A superseded form of fixed-interest coupon bond, cashable on thirty days' notice after an initial holding period.
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Banking and Note Issue Functions | Reserve Bank of Australia Annual Report - 1990
30 Jun 1990
Annual Report
The number of stockholdings declined sharply in the past year, due mainly to maturities of several series of Australian Savings Bonds (ASBs). ... This decline will continue until the last series of ASBs matures in 1994.
https://www.rba.gov.au/publications/annual-reports/rba/1990/banking-and-note-issue-functions.html
The Economy and the Bank's Policies | Reserve Bank of Australia Annual Report - 1984
30 Jun 1984
Annual Report
Bonds (ASBs).
https://www.rba.gov.au/publications/annual-reports/rba/1984/eco-bank-pol.html
Financial Markets | Reserve Bank of Australia Annual Report - 1985
30 Jun 1985
Annual Report
Interest rates on ASBs, which are intended to tap household savings, lagged well behind market rates for much of the year, with the result that redemptions exceeded new subscriptions.
https://www.rba.gov.au/publications/annual-reports/rba/1985/fin-markets.html