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RBA Glossary definition for bond

bond – In general terms, a bond is a statement of debt with a medium to long term to maturity at the time it is issued. The holder of a bond is a lender to the issuer. As such, the statement gives the issuer an obligation to provide the holder with an income payment and/or a stream of income payments over the life of the bond and to repay the principal. The risk that the issuer cannot fulfil their obligation varies from issuer to issuer and over time.

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Review of the Bond Purchase Program

9 Mar 2023
This meant that the contribution of the Bank's bond holdings to lower bond yields would slowly diminish over time as the bonds mature. ... For further details, see Kent (2022). There are three key channels through which central bank purchases of longer
https://www.rba.gov.au/monetary-policy/reviews/bond-purchase-program/index.html

Statistical Tables

24 May 2023 Statistics
Statistical Tables. This page lists statistical tables for a range of economic and financial data produced by the Reserve Bank of Australia and other organisations. No entries found. Reserve Bank of Australia. Assets and Liabilities. Authorised
https://www.rba.gov.au/statistics/tables/

Bonds and the Yield Curve | Explainer | Education

26 May 2023
This series provides short, concise explanations for various economics topics.
https://www.rba.gov.au/education/resources/explainers/bonds-and-the-yield-curve.html

Government Bond Purchases

9 Mar 2023
The bond purchase program involved purchasing fixed-rate, nominal bonds issued by the Australian Government and states and territories. ... Inflation-indexed bonds were not purchased under the program. The Reserve Bank excluded from purchases any bond
https://www.rba.gov.au/mkt-operations/government-bond-purchases.html

Supporting the Economy and Financial System in Response to COVID-19

9 Mar 2023
On 2 February 2021, the Bank announced that it would purchase an additional $100 billion of government bonds following completion of the initial bond purchase program in April 2021. ... The government bond market is a key market for the Australian
https://www.rba.gov.au/covid-19/

Changes to Statistical Tables

24 May 2023 Statistics
21 October 2022. The notes to the table have been revised to clarify the selection of the 10-year nominal bonds. ... 5 June 2017. The corporate bond spreads in the above table have been revised to reflect changes to methodology.
https://www.rba.gov.au/statistics/tables/changes-to-tables.html

The Reserve Bank in Darwin

20 Mar 2023 Speech
The Board recognised that, if increases were made in interest rates paid on bank deposits along the lines recommended in the decision on Economic conditions and prospects, bond market conditions could ... change. The Board agreed that the Bank should not
https://www.rba.gov.au/speeches/2019/darwin-branch/index.html

Review of the Yield Target

22 Mar 2023
In March 2020, the Reserve Bank Board introduced a target for the yield on the three-year Australian Government bond which was discontinued in November 2021. This review examines the experience with the yield target and draws lessons from this
https://www.rba.gov.au/monetary-policy/reviews/yield-target/index.html

Trading in Treasury Bond Futures Contracts and Bonds in Australia

18 Sep 2014 Bulletin – September 2014
Belinda Cheung
Treasury bond futures are a key financial product in Australia, with turnover in Treasury bond futures contracts significantly larger than turnover in the market for Commonwealth Government securities (CGS). Treasury bond futures contracts provide a
https://www.rba.gov.au/publications/bulletin/2014/sep/6.html

Bond Issuance | Chart Pack

5 Apr 2023 Chart Pack
A set of graphs on Bond Issuance from the Chart Pack
https://www.rba.gov.au/chart-pack/bond-issuance.html