Search: yield

Sort by: Relevance Date
1–8 of 8 collapsed search results for yield

RBA Glossary definition for yield

yield – The expected rate of return expressed as a percentage of the net outlay or net proceeds of an investment, not of its face value.

Search Results

Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets

1 Mar 2003 RDP 2003-02
Mark Gugiatti and Anthony Richards
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2003/2003-02.html

Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets

1 Mar 2003 RDP 2003-02
Mark Gugiatti and Anthony Richards
https://www.rba.gov.au/publications/rdp/2003/2003-02/

Conclusion

31 Dec 2003 RDP 2003-02
Mark Gugiatti and Anthony Richards
RDP 2003-02: Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets 5. ... bonds issued in the Euromarket did not impact secondary market yields as of early 2003.
https://www.rba.gov.au/publications/rdp/2003/2003-02/conclusion.html

References

31 Dec 2003 RDP 2003-02
Mark Gugiatti and Anthony Richards
RDP 2003-02: Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets References. ... Tsatsaronis K (1999), ‘The effect of collective action clauses on sovereign bond yields’, BIS Quarterly Review: International Banking
https://www.rba.gov.au/publications/rdp/2003/2003-02/references.html

Introduction

31 Dec 2003 RDP 2003-02
Mark Gugiatti and Anthony Richards
RDP 2003-02: Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets 1. ... debt. This is an additional piece of evidence that CACs have historically not been viewed as a factor that influenced bond yields.
https://www.rba.gov.au/publications/rdp/2003/2003-02/introduction.html

Background on Collective Action Clauses

31 Dec 2003 RDP 2003-02
Mark Gugiatti and Anthony Richards
RDP 2003-02: Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets 2.
https://www.rba.gov.au/publications/rdp/2003/2003-02/background-on-collective-action-clauses.html

Were Collective Action Clauses Priced in Early 2003?

31 Dec 2003 RDP 2003-02
Mark Gugiatti and Anthony Richards
the observation that, for poorly rated borrowers, yields often fall rather than rise with duration. ... result was in the second column and was that CACs were associated with lower yields.
https://www.rba.gov.au/publications/rdp/2003/2003-02/were-collective-action-clauses-priced-in-early.html

Did Decisions on Collective Action Clauses on New Issues Affect Secondary Market Spreads?

31 Dec 2003 RDP 2003-02
Mark Gugiatti and Anthony Richards
RDP 2003-02: Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets 3. ... about the likely ease of restructuring and could therefore result in changes in yields and prices in the secondary market.
https://www.rba.gov.au/publications/rdp/2003/2003-02/did-decisions-on-collective-action-clauses-on-new-issues-affect-secondary-market-spreads.html