AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
AUSTRALIAN BOND MARKET OPENS WEAKER - MAY 3, 2006.
SYDNEY, May 3 Asia Pulse - Australian bonds opened weaker today as traders remained cautious ahead of the release of the central bank's interest rate decision.
At 0900 AEST the yield on the Commonwealth Government April 2015 bond was 5.750 per cent from 5.740 per cent at yesterday's close and the yield on the August 2008 bond was 5.705 per cent from 5.695 per cent.
On the Sydney Futures Exchange, the June 10-year bond futures contract price was at 94.240 from 94.250 at yesterday's close while the June three-year bond futures contract price was at 94.260 from 94.290.
National Australia Bank (NAB) strategists said local interest rate markets remained defensive ahead of the Reserve Bank of Australia's (RBA) interest rate decision today.
"After a long period where the RBA was out of play, all focus will be on this mornings 0930 AEST announcement," NAB said.
The RBA releases the results of its ...
- NAB chief calls for interest rate debate.
- News wire article from: Bulletin Wire April 28, 2009 700+ words
...economic downturn impacted. NAB's shares fell 76 cents, or...in net interest margins for NAB's Australian operations...willingness to pass on future interest rate cuts by the Reserve Bank of...on offshore funding sources. NAB did not pass on any of a 25...
- (ED) NAB Survey (2) Expecting an interest rate rise this year.
- News wire article from: Asia Africa Intelligence Wire October 12, 2004 700+ words
...international scene in the Bank's September Survey, the NAB's chief economist Alan Oster pointed out that US inflationary...2005. "We expect the Fed to continue its policy of gradual interest rate increases back toward a more "neutral" level (with the Fed...
- Interest rate fears send bank shares tumbling.
- Magazine article from: Australian Banking & Finance BRANNELLY, LOUISE August 16, 1999 700+ words
...but analysts warn ongoing interest rate fears may trigger further falls...in April. Among the majors, NAB and CBA both set records highs...76 respectively. Since then NAB has slumped 23 per cent and...recommendation, we prefer CBA and NAB. He has a 12-month target...
- AUSTRALIAN JOB GROWTH PUTS INTEREST RATE RISE BACK ON THE CARDS.
- News wire article from: AsiaPulse News June 29, 2006 700+ words
...that has a growing number of analysts tipping an interest rate rise later this year. NAB Economics believes that rise, if it is going...Another 25 basis point rise in the official interest rate remains a close call. "If there is a move...
- LATEST AUSTRALIAN STATISTICS POINT TO INTEREST RATE HIKE.
- News wire article from: AsiaPulse News July 31, 2007 700+ words
...that could easily handle another interest rate rise (despite the obvious potential...watched closely by the RBA, is the NAB's business survey, which showed...of another 0.25 percentage point interest rate rise by the end of this year, they...
- SOME ECONOMISTS QUESTION AUSTRALIA'S INTEREST RATE RISE.
- News wire article from: Asia Africa Intelligence Wire March 8, 2005 700+ words
...Australia's (RBA) recent interest rate rise, expecting employment...whether last week's interest rate rise by the RBA, which...National Australia Bank (NAB) senior economist Richard...of 2.0 per cent." NAB expects the February...
- INTEREST RATE RISE FEARS EASE IN AUSTRALIA.
- News wire article from: AsiaPulse News April 24, 2006 700+ words
...Asia Pulse - The chances of an interest rate rise have eased with signs businesses...National Australia Bank (ASX:NAB) senior economist David de Garis...Bank can comfortably remain on the interest rate sidelines, content in the knowledge...
- INTEREST RATE HIKES CAUSE AUSTRALIAN BIZ CONDITIONS TO EASE.
- News wire article from: AsiaPulse News December 11, 2007 700+ words
...Australian business conditions have eased off record levels in October due to interest rate rises and a slowing US economy, a survey shows. NAB's (ASX:NAB) monthly business survey found business conditions dropped five index points in...
- Interest rate rise likely by year end -.
- News wire article from: Asia Africa Intelligence Wire September 10, 2003 700+ words
(From Canberra Times) An interest rate rise before the end of the year is being touted because of an expected...economy had accelerated since the end of the subdued June quarter. NAB's business conditions index rose to an eight-year high, and...
- INTEREST RATE RISE PUSHES DOWN AUSTRALIAN BANK SHARES.
- News wire article from: Asia Africa Intelligence Wire November 5, 2003 700+ words
...fell 21 cents to $27.70 and National Australia Bank (ASX:NAB) declined 13 cents to $30.26. The nation's fifth largest...short end of the yield curve." As well, he said, a rising interest rate environment suggested long term bond rates could rise further...
Source: HighBeam Research, AUSTRALIAN BOND MARKET OPENS WEAKER - MAY 3, 2006.