Search: bankruptcy
RBA Glossary definition for bankruptcy
bankruptcy – A legal status, which can be initiated by a creditor or person concerned, whereby the bankrupt's property is vested in a trustee and, with the exception of certain personal and professional property, is available for distribution to creditors.
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Box A: Developments in the US Sub-prime Mortgage Market
25 Mar 2007
FSR
– March 2007
PDF
58KB
https://www.rba.gov.au/publications/fsr/2007/mar/pdf/box-a.pdf
Operations in Financial Markets
16 Oct 2015
RBA Annual Report
– 2015
In addition, the Bank has permitted the use of certain related-party assets issued by bankruptcy-remote vehicles, such as self-securitised residential mortgage-backed securities (RMBS), as security against ... Self-securitised RMBS used in open repos do
https://www.rba.gov.au/publications/annual-reports/rba/2015/operations-in-financial-markets.html
Reserve Bank of Australia Annual Report 2020 - Risk Management
14 Oct 2020
Annual Report
PDF
657KB
1 An internal RMBS is a bankruptcy-remote trust set up by an ADI which contains mortgages they have written. ... However, this risk is mitigated because the issuing trust is bankruptcy remote, the securities must be rated AAA and they attract a
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/risk-management.pdf
Financial Stability Review - March 2024
26 Mar 2024
FSR
- March 2024
PDF
2619KB
https://www.rba.gov.au/publications/fsr/2024/mar/pdf/financial-stability-review-2024-03.pdf
Operations in Financial Markets
24 Oct 2016
RBA Annual Report
– 2016
To collateralise these open repos, the Bank has permitted the use of certain related-party assets issued by bankruptcy remote vehicles, such as self-securitised RMBS. ... Self-securitised RMBS used in open repos do not have directly observable market
https://www.rba.gov.au/publications/annual-reports/rba/2016/operations-in-financial-markets.html
Reserve Bank of Australia Annual Report 2021 - Risk Management
21 Oct 2021
RBA Annual Report
2021
PDF
385KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/risk-management.pdf
Operations in Financial Markets
20 Sep 2018
RBA Annual Report
– 2018
To collateralise these open repos, the Bank has permitted the use of certain related-party assets issued by bankruptcy remote vehicles, such as self-securitised RMBS. ... Self-securitised RMBS used in open repos do not have directly observable market
https://www.rba.gov.au/publications/annual-reports/rba/2018/operations-in-financial-markets.html
Household and Business Finances
12 Apr 2019
FSR
– April 2019
The rate of household bankruptcies continued to drift down in 2018 in most states and remains near its lowest level in nearly two decades. ... The main exception continues to be Western Australia, where the rate of bankruptcies remains high though it has
https://www.rba.gov.au/publications/fsr/2019/apr/household-business-finances.html
Financial Stability Review - March 2010
25 Mar 2010
FSR
- March 2010
PDF
822KB
https://www.rba.gov.au/publications/fsr/2010/mar/pdf/0310.pdf
Developments in the Financial System Infrastructure
10 Sep 2006
FSR
– September 2006
Bankruptcy Act 1966. will be amended to improve the operation of debt agreements. ... In 2005/06, there were nearly 5,000 debt agreements, comprising 19 per cent of all administrations under the Bankruptcy Act.
https://www.rba.gov.au/publications/fsr/2006/sep/dev-sys-infra.html