Search: CGS
RBA Glossary definition for CGS
CGS – Commonwealth Government Securities. Australian Government Securities were formerly referred to as Commonwealth Government Securities.
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Box A: The Basel III Liquidity Reforms in Australia
10 Mar 2015
FSR
– March 2015
Commonwealth Government securities (CGS) and semis). Because the stock of public debt in Australia is relatively low, the banking system's overall liquidity needs to meet the LCR exceed what the ... This figure was based on the Reserve Bank's assessment
https://www.rba.gov.au/publications/fsr/2015/mar/box-a.html
The Macroeconomic Environment
10 Mar 2004
FSR
– March 2004
In contrast, interest rate spreads between corporate bonds and Commonwealth Government securities (CGS) have risen over the past six months, although this appears to reflect strong demand for CGS, particularly from
https://www.rba.gov.au/publications/fsr/2004/mar/mac-env.html
The Australian Financial System
10 Mar 2014
FSR
– March 2014
This has been despite a narrowing in bank bond spreads during this period: spreads between Commonwealth Government securities (CGS) and the major banks' unsecured bonds are currently around their lowest level ... since the onset of the financial crisis,
https://www.rba.gov.au/publications/fsr/2014/mar/aus-fin-sys.html
The Australian Repo Market | Central Clearing of Repos in Australia: A Consultation Paper | Consultations
6 Mar 2015
Consultations
Such chains are now uncommon, particularly with CGS issuance having increased markedly since the early 2000s. ... The amount of CGS that are available via the lending facility is $5 billion.
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/australian-repo-market.html
Abbreviations | Central Clearing of Repos in Australia: A Consultation Paper | Consultations
6 Mar 2015
Consultations
CCP. central counterparty. CFR. Council of Financial Regulators. CGS. Commonwealth Government securities.
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/abbreviations.html
The Australian Financial System
10 Mar 2013
FSR
– March 2013
Spreads between banks' senior unsecured bonds and Commonwealth Government securities (CGS) have declined by more than 100 basis points over this period, and are now around their lowest levels since the ... For Australian dollar-denominated liquid assets,
https://www.rba.gov.au/publications/fsr/2013/mar/aus-fin-sys.html
Introduction | Central Clearing of Repos in Australia: A Consultation Paper | Consultations
6 Mar 2015
Consultations
This was sometimes difficult due to the low level of Commonwealth Government securities (CGS) on issue at the time. ... With settlement practices in the fixed income market having evolved over the past decade, and CGS issuance having increased
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/introduction.html
The Australian Financial System
10 Sep 2011
FSR
– September 2011
Domestic secondary market spreads on the major banks' three-year debt, for instance, have traded within a range of about 110 to 150 basis points over Commonwealth Government securities (CGS) over
https://www.rba.gov.au/publications/fsr/2011/sep/aus-fin-sys.html
The Australian Financial System
10 Sep 2009
FSR
– September 2009
For example, the spread between 3-year bonds issued domestically by AA-rated banks and Commonwealth Government Securities (CGS) is currently around 95 basis points, compared to a peak of 225
https://www.rba.gov.au/publications/fsr/2009/sep/aus-fin-sys.html
The Australian Financial System
10 Mar 2009
FSR
– March 2009
Spreads on term debt also widened further towards the end of last year, with the spread between five-year domestically issued bonds and Commonwealth Goverment Securities (CGS) increasing to over 250 ... So far this year, spreads have narrowed a little,
https://www.rba.gov.au/publications/fsr/2009/mar/aus-fin-sys.html