Scribd Logo
Carica

Benvenuto in Scribd!

  • Australian Government Bonds Guide

    Caricato da

    Aldi Jayadilaga
    49 visualizzazioni19 pagine
    The document discusses Commonwealth Government Securities issued by the Australian Government. The Australian Office of Financial Management manages the issuance of Treasury Bonds and Treasury Indexed Bonds, which are medium- to long-term debt securities offered to investors. Treasury Bonds have a fixed face value and coupon payments every six months, while Treasury Indexed Bonds have a face value adjusted for inflation and coupon payments every three months. Both provide security as they are backed by the Australian Government and offer stable income through regular coupon payments.

    Descrizione originale:

    Just some task in Debt Management

    Titolo originale

    Commonwealth

    Copyright

    © © All Rights Reserved

    Formati disponibili

    PPTX, PDF, TXT o leggi online da Scribd

    Hai trovato utile questo documento?

    Questo contenuto è inappropriato?

    Segnala questo documento
    The document discusses Commonwealth Government Securities issued by the Australian Government. The Australian Office of Financial Management manages the issuance of Treasury Bonds and Treasury Indexed Bonds, which are medium- to long-term debt securities offered to investors. Treasury Bonds have a fixed face value and coupon payments every six months, while Treasury Indexed Bonds have a face value adjusted for inflation and coupon payments every three months. Both provide security as they are backed by the Australian Government and offer stable income through regular coupon payments.

    Copyright:

    © All Rights Reserved
    Scarica in formato PPTX, PDF, TXT o leggi online su Scribd
    Segnala contenuti inappropriati
    49 visualizzazioni19 pagine

    Australian Government Bonds Guide

    Caricato da

    Aldi Jayadilaga
    The document discusses Commonwealth Government Securities issued by the Australian Government. The Australian Office of Financial Management manages the issuance of Treasury Bonds and Treasury Indexed Bonds, which are medium- to long-term debt securities offered to investors. Treasury Bonds have a fixed face value and coupon payments every six months, while Treasury Indexed Bonds have a face value adjusted for inflation and coupon payments every three months. Both provide security as they are backed by the Australian Government and offer stable income through regular coupon payments.

    Copyright:

    © All Rights Reserved
    Scarica in formato PPTX, PDF, TXT o leggi online su Scribd
    Segnala contenuti inappropriati
    di 19

    Commonwealth

    Goverment
    Securities
    (Australia Edition)
    Debt Management 3C KBN 2013
    Elfin Luthfiah Hilda Permatasari M. Aldi Jayadilaga Nanda Thahera Ulga Natasha
    Alberta Rus Onika Ofrany Ginting

    Australian Goverment
    issues Commonwealth Goverment Securities
    Treasury Bonds
    Treasury Indexed Bonds

    Siapa yang mengelola?

    Australian Office of Financial Management

    Features of CGS

    AAA rated
    Transparent and regularly
    Strong liquidity

    Tujuan utama AOFM

    Managing Australian Goverments debt portofolio


    Issuance of Commonwealth Goverment Securities

    Managing Australian Goverments overall cash balance


    Any investment in financial assets

    - Deal execution
    - Funding &
    liquidity
    management

    Reporting
    portofolio of debt
    and assets
    managed by AOFM

    Develops
    Australian
    Goverments debt
    management
    strategy &
    financial risk
    management
    policies

    - AOFMs
    statutory
    financial &
    budget reporting
    - Managing debt
    registry provider
    and services

    Conducts &
    maintains regular
    communication
    with
    existing/new/poten
    tial investors

    Maintaining
    complementary
    frameworks for
    enterprise risk &
    assurance

    Kenapa harus investasi di


    Australian Goverment
    Bonds?

    Security
    Stable & regular
    income

    Diversification

    Choice of maturitues

    Liquid investment

    Treasury Bonds

    Medium ~ long term debt securities with a fixed face value


    Clearing House Electronic Subregister System (CHESS) depositary
    interest
    Issued by Australian Goverment
    Face value
    Coupon
    Payment every six months

    Yield to maturity
    Maturity date
    Market price
    Capital Price
    Accrued Interest

    Apa sih keuntungannya?

    Security payment & re-payment made by Australian Goverment


    Receive regular, stable income
    Reduce risk through diversification
    Avoid locking away your money Liquid investment
    Wide range of investment terms less than a year ~ >15 years

    Resiko

    Interest Rate Risk


    Un-favourable movement in market interest rates
    Volatile

    Resiko

    Credit/Repayment Risk
    Issuer unable to make coupon payment/repayment Face Value
    at maturity

    Resiko

    Liquidity Risk
    Not being able to sell investment quickly & easily

    Treasury Indexed Bonds

    Medium ~ long term debt securities with a fixed face value


    Clearing House Electronic Subregister System (CHESS) depositary
    interest
    Issued by Australian Goverment
    Face value adjusted for movements in Consumer Price Index (CPI)
    Coupon
    Payment every three months

    Yield to maturity
    Maturity date
    Market price
    Face Value
    Inflation Accrued
    Accrued Expense
    Premium/Discount

    Apa sih keuntungannya?

    Security payment & re-payment made by Australian Goverment


    Receive regular, stable income
    Reduce risk through diversification
    Avoid locking away your money Liquid investment
    Wide range of investment terms less than a year ~ >15 years
    Hedge against inflation

    Settlement

    H+3
    Involves two simultaneous processes:

    Payment is made for the trade by electronic transfer


    Legal ownership of the security is transferred to the buyer

    Potrebbero piacerti anche