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Box C: Interest Rate Risk in the Australian Financial System

10 Apr 2018 FSR – April 2018
Higher interest rates reduce the value of fixed-rate bonds since future fixed coupon payments are effectively worth less, given the higher interest rate today. ... rate applied to them), but erodes the value of their fixed income assets.
https://www.rba.gov.au/publications/fsr/2018/apr/box-c.html

Box C: Interest Rate Risk in the Australian Financial System

10 Feb 2020 FSR April 2018 PDF 638KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/box-c.pdf

Financial Stability Review

10 Feb 2020 FSR April 2018 PDF 2840KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/financial-stability-review-2018-04.pdf