Australian Corporate Bonds definition
Australian Corporate Bonds means debt obligations of Australian corporations (other than Australian Government Securities, Australian Semi-Government Securities, Australian Bank Bills, Australian Eurobonds, Australian Exchangeable Eurobonds and Australian Short Term Securities) provided, that such debt obligations shall not be deemed to be Eligible Portfolio Property by S&P unless they have the following characteristics: (a) the principal amount outstanding on the Valuation Date is at least equal to A$50 million, (b) the security is publicly traded, (c) the security is non-callable, or, if the security is callable, the basis for pricing is to the call date, (d) the security has a Tender Panel, (e) the maturity date of the security is not later than the 10th anniversary of the Valuation Date of such security, and (f) the security is issued by one of the following issuers:
Australian Corporate Bonds means debt obligations of Australian corporations (other than Australian Government Securities, Australian Semi–Government Securities, Australian Bank Bills, Australian Eurobonds, Australian Exchangeable Eurobonds and Australian Short Term Securities).
Australian Corporate Bonds means debt obligations of Australian corporations (other than Australian Government Securities, Australian Semi-Government Securities, Bank Bills and Australian Short-Term Securities).