Search: bond
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 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
Monetary Policy - Reviews
9 Mar 2023
Occasional reviews of monetary policy tools and decisions
https://www.rba.gov.au/monetary-policy/reviews/
The Kangaroo Bond Market
15 Sep 2016
Bulletin
– September 2016
Australian dollar-denominated bonds issued by non-resident entities in Australia are referred to as Kangaroo bonds and represent a significant share of the Australian bond market. Issuance has generally been dominated by highly rated issuers such as
https://www.rba.gov.au/publications/bulletin/2016/sep/6.html
Box B: The Decline in Bond Yields and Inflation Expectations
10 Feb 2015
SMP
– February 2015
Statement on Monetary Policy – February 2015 Box B: The Decline in Bond Yields and Inflation Expectations. ... Accordingly, the compensation that owners of nominal bonds receive for inflation has fallen sharply since mid 2014.
https://www.rba.gov.au/publications/smp/2015/feb/box-b.html
Box D: Covered Bond Issuance by Australian Banks
10 Feb 2012
SMP
– February 2012
Covered bonds typically have a higher credit rating than that of the issuer because the cover pools are usually comprised of high-quality assets such as prime mortgages, covered bond holders ... Footnote. Under the. Banking Amendment (Covered Bonds) Act
https://www.rba.gov.au/publications/smp/2012/feb/box-d.html
The Bond Market
1 Nov 1984
RDP
8403
The actual level of the bond rate, r. b. , is assumed to adjust towards. ... in principle be met by a mix of exchange market and bond market operations.
https://www.rba.gov.au/publications/rdp/1984/8403/the-bond-market.html
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Abstract for Ownership of Australian Equities and Corporate Bonds
10 Sep 2010
Bulletin
– September 2010
Bulletin – September 2010 Ownership of Australian Equities and Corporate Bonds Abstract. ... Susan Black and Joshua Kirkwood. Australian financial and non-financial companies tap capital markets – particularly equity and bond markets – to source
https://www.rba.gov.au/publications/bulletin/2010/sep/bu-0910-4a.html
Box B: Why Are Long-term Bond Yields So Low?
10 May 2019
SMP
– May 2019
https://www.rba.gov.au/publications/smp/2019/may/box-b-why-are-long-term-bond-yields-so-low.html
Asian Bond Fund
2 Jun 2003
Media Releases
Announcement by the EMEAP group of central banks and monetary authorities in the East Asia/Pacific region and the Bank for International Settlements about the launch of the Asian Bond Fund
https://www.rba.gov.au/media-releases/2003/mr-03-06.html
Box A: Central Bank Purchases of Government Bonds
6 Aug 2021
SMP
– August 2021
The size relative to the bond market indicates how the central bank's purchases have affected the share of government bonds held by other market participants. ... Some central banks have programs based on yield targets for certain government bonds,
https://www.rba.gov.au/publications/smp/2021/aug/box-a-central-bank-purchases-of-government-bonds.html