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2130 of 39 search results for 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 A superseded form of fixed-interest coupon bond, cashable on thirty days' notice after an initial holding period.

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Operations and Customer Services | Reserve Bank of Australia Annual Report - 1992

30 Jun 1992 Annual Report
fallen sharply as the Australian Savings Bond (ASB) has been phased out (only $382 million of ASBs were still on issue in June 1992). ... The ASB – a retail instrument issued in small denominations – involved very labour-intensive registry
https://www.rba.gov.au/publications/annual-reports/rba/1992/ope-cus-service.html

Three Decades of Real Interest Rates

3 Oct 1991 Speech
Bernie Fraser
Talk by Bernie Fraser to the 20th Conference of Economists, Hobart
https://www.rba.gov.au/speeches/1991/sp-gov-031091.html

Financial Markets and the Bank's Operations | Reserve Bank of Australia Annual Report - 1991

30 Jun 1991 Annual Report
year. The volume of Australian Savings Bonds on issue fell further in 1990/91, to $0.5 billion; all outstanding ASBs will mature by 1994/95.
https://www.rba.gov.au/publications/annual-reports/rba/1991/fin-market.html

The Evolution of Financial Deregulation | Conference – 1991

21 Jun 1991 Conferences
Stephen Grenville
M3 was controlled by allowing other institutions (including the government – particularly through ASBs) to bid deposits away from the banks, thus continuing to restrict the banks' balance sheet growth. ... The development of NBFIs, the banks' own use
https://www.rba.gov.au/publications/confs/1991/grenville.html

General Discussion | Conference – 1991

21 Jun 1991 Conferences
Many customers closely watched the relativity between the ASB and savings bank and building society deposit rates, and were prepared to switch funds between them.
https://www.rba.gov.au/publications/confs/1991/grenville-valentine-disc.html

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 Bank's Services | Reserve Bank of Australia Annual Report - 1985

30 Jun 1985 Annual Report
20,923. 28,671. 34,765. Treasury notes. 3,636. 2,073. 2,895. ASBs. 4,675. 6,651.
https://www.rba.gov.au/publications/annual-reports/rba/1985/bank-services.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

The Bank's Services | Reserve Bank of Australia Annual Report - 1984

30 Jun 1984 Annual Report
Gross issues of ASBs were $3,564 million and redemptions were $1,605 million. ... The ASB changes were aimed mainly at lessening the scope for early redemptions.
https://www.rba.gov.au/publications/annual-reports/rba/1984/bank-services.html

Financial Intermediation | Reserve Bank of Australia Annual Report - 1984

30 Jun 1984 Annual Report
Australian Savings Bonds (ASBs) also proved attractive although net subscriptions were below the figure for 1982/83. ... yields on commercial bills – the trusts' main assets – fell below those on deposits with intermediaries and on ASBs.
https://www.rba.gov.au/publications/annual-reports/rba/1984/fin-intermediation.html