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 A superseded form of fixed-interest coupon bond, cashable on thirty days' notice after an initial holding period.

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Glossary

22 Jan 2024
A glossary of terms used on the RBA website
https://www.rba.gov.au/glossary/

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

International Business Cycles with Complete Markets

31 Dec 2013 RDP 2013-08
Alexandre Dmitriev and Ivan Roberts
Alexandre Dmitriev acknowledges financial support from the University of New South Wales under the ASB SRG scheme.
https://www.rba.gov.au/publications/rdp/2013/2013-08/

The Separation of Debt Management and Monetary Policy

10 Nov 1993 Bulletin – November 1993
Announcements of an increase in the interest rate being offered on debt, or of the introduction of a new instrument such as the Australian Savings Bond (ASB), were seen by financial ... These steps made a big difference, but the continued presence of the
https://www.rba.gov.au/publications/bulletin/1993/nov/1.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 Corporations Act 1974

6 Oct 2000 Media Releases
Orders made under powers of the Governor under the Financial Corporations Act 1974
https://www.rba.gov.au/media-releases/2000/mr-00-16.html

A Review of Monetary and External Policy | Reserve Bank of Australia Annual Report - 1982

30 Jun 1982 Annual Report
From the viewpoint of the Bank's responsibilities, the attrition of household savings from ASB's was a matter of concern. ... On 31 March, the Treasurer announced an increase in the interest rate on ASB's, the first since 24 March 1981.
https://www.rba.gov.au/publications/annual-reports/rba/1982/rev-mon-ext-policy.html

Glossary

3 Aug 2000 RBA Annual Report – 2000
Australian Prudential Regulation Authority. ASB. Australian Savings Bond. ASIC. Australian Securities and Investments Commission.
https://www.rba.gov.au/publications/annual-reports/rba/2000/glossary.html

The Bank's Services | Reserve Bank of Australia Annual Report - 1983

30 Jun 1983 Annual Report
issue of Australian Savings Bonds (ASB's); and it operates Registries for Commonwealth Inscribed Stock at each of its branches. ... ASB's were the major contributor both to the increased number of accounts and to levels of activity.
https://www.rba.gov.au/publications/annual-reports/rba/1983/bank-services.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