Bonds issued by foreign entities in Australia. They are denominated in Australian dollars and must comply with the regulations imposed by the Corporations Law.

A regulation that governs the US private placement market

Commonwealth-issued bonds that adjust for inflation

The average number of times each bond is turned over each year

A description of relatively infrequent secondary market trades of corporate bonds

A small set of bond dealers that agree to buy semis from state governments in either closed auctions (where stock is assigned to the best bids) or through agreeing to buy a given amount at a given price

Debt that has priority in the event of default

A bond secured by charges over the issuing firm's assets

A legal entity separate from the loan originator controlled by a trustee, in which the loan originator sells a pool of comparable assets, which all have similar maturity and risk profiles, as the first step in a securitisation

Debt that ranks behind senior debt in the event of default

A financial product with characteristics of both debt and equity

A bond for which there is no underlying specifi ed security as collateral in the case of default

A provision that requires that the bond issuer provide funds to a trustee to retire a specific dollar amount (face amount) of bonds each year

Formerly, a regulatory requirement that banks in Australia hold 3 per cent of their liabilities in specific acceptable assets

A 10 per cent tax levied on interest payments from bonds issued by Australian companies that are held by offshore investors

Unconditional offers from a private sector guarantor to cover the payment of principal and interest to investors in debt securities in the event of a default

A type of asset-backed security

Bonds with financial guarantees

Yen-denominated bonds issued by foreign companies in Japan

The process of taking illiquid assets and turning them into liquid securities sold to investors in the capital markets