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.
Search Results
The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases
24 May 2022
RDP
2022-02
We also assess the impact of the three measures on government bond market functioning. ... The three measures were: purchases to support government bond market function over early 2020; the yield target on 3-year Australian government bonds; and the bond
https://www.rba.gov.au/publications/rdp/2022/2022-02.html
The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases
24 May 2022
RDP
2022-02
Research Discussion Paper – RDP 2022-02 The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases.
https://www.rba.gov.au/publications/rdp/2022/2022-02/sections.html
Conclusion
24 May 2022
RDP
2022-02
RDP 2022-02: The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases 8. ... Download the Paper 1.89. MB. In this paper we assess the effect of three Reserve Bank policy measures involving government bond purchases:
https://www.rba.gov.au/publications/rdp/2022/2022-02/conclusion.html
How Bond Purchases Work, and the International Experience
24 May 2022
RDP
2022-02
Download the Paper 1.89. MB. Central bank purchases of longer-term government bonds can lower bond yields via a number of channels including:. ... assets. Conversely, government bond yields are likely to have to fall more significantly in order to induce
https://www.rba.gov.au/publications/rdp/2022/2022-02/how-bond-purchases-work-and-the-international-experience.html
Read me file
24 May 2022
RDP
2022-02
The code loads data from Findur on: the RBA's purchases and holdings of government bonds; government bond yields; and overnight indexed swap (OIS) rates. ... Finlay R, C Seibold and M Xiang (2020), ‘Government Bond Market Functioning and COVID-19’,
https://www.rba.gov.au/publications/rdp/2022/2022-02/read-me.html
References
24 May 2022
RDP
2022-02
D Zhang (2021), ‘The Liquidity of the Government Bond Market – What Impact Does Quantitative Easing Have? ... Finlay R, C Seibold and M Xiang (2020), ‘Government Bond Market Functioning and COVID-19’, RBA Bulletin, September.
https://www.rba.gov.au/publications/rdp/2022/2022-02/references.html
Non-technical summary for ‘The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases’
24 May 2022
RDP
2022-02
In the first stage, bond purchases should push up the prices of the bonds that are purchased and, equivalently, pull down the interest rates on those bonds. ... These amounts equated to around one-third of outstanding government bonds. We find that the
https://www.rba.gov.au/publications/rdp/2022/2022-02/non-technical-summary.html
Supplementary Information for RDP 2022-02: The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases
24 May 2022
RDP
2022-02
Research Discussion Paper – RDP 2022-02 The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases.
https://www.rba.gov.au/publications/rdp/2022/2022-02/supplementary-information.html
Introduction
24 May 2022
RDP
2022-02
RDP 2022-02: The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases 1. ... In particular, from September 2020 financial markets were increasingly pricing in the possibility that the Reserve Bank would conduct a bond
https://www.rba.gov.au/publications/rdp/2022/2022-02/introduction.html
The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases
24 May 2022
RDP
2022-02
Central bank purchases of longer-term government bonds can lower bond yields via a number of channels including:. ... impact on the spread to AGS for purchases of the bond itself or adjacent bonds (Table 6).
https://www.rba.gov.au/publications/rdp/2022/2022-02/full.html