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:
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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, and Commonwealth Yankee Bonds).
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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).
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Examples of Australian Corporate Bonds in a sentence

  • Issuers with a public long term S&P rating or whose parent has a public long term rating and there is an explicit guarantee backing the subsidiary's debt service payments (" Guaranteed Australian Corporate Bonds").

  • Issuers with a public long-term S&P rating or whose parent has a public long-term rating and there is an explicit guarantee backing the subsidiary's debt service payments ("Guaranteed Australian Corporate Bonds").

  • A Fresh Take on Australian Commercial Real Estate Debt CONTENTSCRE DEBT MARGINS VERSUS OTHER FLOATING-RATE INVESTMENTS 1Exhibit 1: Convergence of CRE Debt and Non-Investment Grade Debt Margins 1Exhibit 2: Convergence of CRE Debt, Leveraged Loans, and Corporate Debt Margins (Trends Post-GFC) 2A CLOSER LOOK AT THE AUSTRALIAN CRE DEBT MARKET 3Exhibit 3: Margins: Australian Corporate Bonds vs.

  • Expected future payments are discounted using market yields at the reporting date based on Australian Corporate Bonds with terms to maturity and currencies that match, as closely as possible, the estimated future cash outflows.

  • BB- Table 2: Calculation of Debt Premium on Australian Corporate Bonds for Selected Credit Ratings Corporate and Govt Bond (%) Note: All figures are averages calculated over 20 trading days to 29 May 2009.

  • The list of BBB-/BBB/BBB+ Australian Corporate Bonds Source: Bloomberg 18 This is a classification from Bloomberg.

Related to Australian Corporate Bonds

  • Corporate Bonds means debt securities issued by private and public corporations.

  • Corporate bond means a senior secured debt obligation issued by a domestic business entity and rated not lower than “AA-” or the equivalent by a nationally recognized investment rating firm. The term does not include a debt obligation that, on conversion, would result in the holder becoming a stockholder or shareholder in the entity, or any affiliate or subsidiary of the entity, that issued the debt obligation, or is an unsecured debt obligation. Gov’t Code 2256.0204(a)

  • Australian Corporations Act means the Corporations Xxx 0000 (Cth) of Australia.

  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • Sterling and “£” mean the lawful currency of the United Kingdom.

  • Outstanding Bonds means any Bonds not redeemed or otherwise discharged.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any territory thereof.

  • Investment Bank means each of those reputable internationally recognised investment banks, selected from time to time as First Choice Investment Banks or as a Third Investment Bank in terms of Section 1.4 or Section 1.5 of the Subscription Agreement (as the case may be), whose Mandate Letters remain effective.

  • Mauritius means the Republic of Mauritius and includes:

  • Australia means the Commonwealth of Australia.

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • International Borrower In connection with any Mortgage Loan, a borrower who is (a) a United States citizen employed in a foreign country, (b) a non-permanent resident alien employed in the United States or (c) a citizen of a country other than the United States with income derived from sources outside the United States.

  • Domestic Corporation means an entity that is treated as a corporation for United States federal income tax purposes and is a U.S. Tax Person.

  • Australian Dollar means the lawful currency of Australia.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Australian Consumer Law means the Australian Consumer Law set out in Schedule 2 of the Competition and Consumer Act 2010 (Cth).

  • Corporate Finance Fee means the fee to be paid to the Agent by the Issuer in consideration of corporate finance and structuring services provided by the Agent;

  • Principal Financial Centre means, in relation to any currency, the principal financial centre for that currency provided, however, that:

  • PTE means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time.

  • ABN means Australian Business Number.

  • Cayman Companies Act means the Companies Act (As Revised) of the Cayman Islands.