IDEAS home Printed from https://ideas.repec.org/a/rba/rbabul/jun2010-08.html
   My bibliography  Save this article

The Impact of the Financial Crisis on the Bond Market

Author

Listed:
  • Susan Black

    (Reserve Bank of Australia)

  • Anthony Brassil

    (Reserve Bank of Australia)

  • Mark Hack

    (Reserve Bank of Australia)

Abstract

The Australian bond market functioned well during the financial crisis. Changes in investor sentiment and issuer behaviour led to a slowing in issuance and an increase in the average credit quality of new issuance. While the average bond term shortened and spreads widened, these trends have since reversed somewhat as market conditions have improved.

Suggested Citation

  • Susan Black & Anthony Brassil & Mark Hack, 2010. "The Impact of the Financial Crisis on the Bond Market," RBA Bulletin, Reserve Bank of Australia, pages 55-62, June.
  • Handle: RePEc:rba:rbabul:jun2010-08
    as

    Download full text from publisher

    File URL: http://www.rba.gov.au/publications/bulletin/2010/jun/pdf/bu-0610-8.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Susan Black & Anthony Brassil & Mark Hack, 2010. "Recent Trends in Australian Banks' Bond Issuance," RBA Bulletin, Reserve Bank of Australia, pages 27-33, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Peter Gallagher & Jon Gauntlett & David Sunner, 2010. "Real-time Gross Settlement in Australia," RBA Bulletin, Reserve Bank of Australia, pages 61-69, September.
    2. Crystal Ossolinski & Andrew Zurawski, 2010. "The Financial Crisis through the Lens of Foreign Exchange Swap Markets," RBA Bulletin, Reserve Bank of Australia, pages 47-53, June.

    More about this item

    Keywords

    bond issuance; financial crisis; bond spreads;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rba:rbabul:jun2010-08. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Paula Drew). General contact details of provider: http://edirc.repec.org/data/rbagvau.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.