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 A superseded form of fixed-interest coupon bond, cashable on thirty days' notice after an initial holding period.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