AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

CALENDAR 2003 AN OUTSTANDING YEAR FOR AUSTRALIAN BONDS.

AsiaPulse News

| January 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, Jan 1 Asia Pulse - Calendar 2003 has been dubbed an outstanding year for Australian corporate bonds, with attractive spreads, underpinned by ongoing investor demand, boosting issuance.

The Commonwealth bond market survived a near-death experience in 2003 before the federal government shelved plans to scrap it, but it still took a back seat to stellar corporate bonds.

Government bonds, however, have not faded alongside burgeoning interest in corporate issuance.

At one stage, the government bond market faced the prospect of fading after the federal government released a discussion paper on future options for it.

However in September, Treasurer Peter Costello reaffirmed the government would maintain some government bonds in the market as a benchmark for financial markets, despite a fall in net debt.

He shelved the proposal to scrap the Commonwealth bond market, on the grounds it could have pushed up interest rates.

Commonwealth Securities senior analyst Craig James said government bond yields had experienced a reversal of fortunes.

Related articles from newspapers, magazines, journals, and more
Bond yields shoot up further.
News wire article from: PTI - The Press Trust of India Ltd. December 13, 2006 700+ words
Bond yields shoot up further Mumbai, Dec 12 (PTI) The Reserve Bank of India's decision last Friday to hike the cash reserve ratio (CRR) for banks continued to lift the yields on bonds to recent...
Going down.... (worries about deflation cause bond yields to drop)(Brief...
Magazine article from: U.S. News & World Report Brindley, David January 19, 1998 700+ words
...mortgages. But deflation could spell trouble for borrowers, since paying interest to buy an asset that falls in value is a bad idea. 30-year Treasury bond yields Daily closes [Data for chart are not available.] Source: Federal Reserve Bank
Bond Yields up Sharply as People Move to Stocks.
Newspaper article from: Knight Ridder/Tribune Business News November 11, 2003 700+ words
...Standard Chartered Bank, noted that bond yields were also rising with increased corporate...hikes by the Bank of England and the Reserve Bank of Australia had only a marginal effect...to equities. Two, the move by the Reserve Bank of Australia to raise rates. "And...
Weakening bond yields attract foreigners to SA.(Business Report)
Newspaper article from: The Star (South Africa) August 15, 2006 700+ words
...were attracted by the 10 to 15 basis point [weakening] in bond yields since the markets reopened on Thursday." This is in line...investors uncertain about rand stability. The problem for the Reserve Bank is that further hikes in interest rates designed to curb...
INDIA RESERVE BANK, BANKERS DIFFER ON INTEREST RATE CHANGES.
News wire article from: AsiaPulse News March 27, 2009 700+ words
...NEW DELHI, March 27 Asia Pulse - The Reserve Bank of India (RBI) and bankers sang different...immediate cuts in interest rates, saying bond yields were attractive for banks to park their...interest rates in a few weeks but high bond yields were getting in the way. "We are talking...
New Dallas Federal Reserve Bank officer assumes public role.
Newspaper article from: Dallas Morning News (Dallas, TX) June 2, 2005 700+ words
...Dimartino Jun. 2--Dallas Federal Reserve Bank President Richard Fisher got his first...lowest level in more than a year. Bond yields fall as the price of existing bonds rise. The lower bond yields also spurred stocks, with the Dow...
How the fed botched the recovery. (Federal Reserve Bank's flawed federal funds...
Magazine article from: Florida Trend Hunt, Lacy H. October 1, 1992 700+ words
...recovery. One obstacle is the Federal Reserve Bank. Until now, the Fed has taken action...1992 -- bond market investors pushed bond yields considerably higher, showing an unwillingness...economic activity. Those upturns in bond yields also may have caused the Fed to throttle...
Reserve Bank's monetary policy affects your investments as well.
Newspaper article from: Mail Today (New Delhi, India) November 9, 2009 700+ words
ALTHOUGH in its recent policy meeting, the Reserve Bank of India ( RBI) kept its key policy rates unchanged...stable deposit and lending rates. One could see a rise in bond yields, which could depress the market value of bonds, thus...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA