Note 4 – Interest Revenue and Interest Expense | Financial Statements | Reserve Bank of Australia Annual Report – 2003

Reserve Bank of Australia Annual Report – 2003 Financial Statements Note 4 – Interest Revenue and Interest Expense

Analysis for the year ended 30 June 2003

Interest revenue
	Average balance $M	Interest $M	Average annual interest rate %
Overseas investments	39,533	1,056	2.7
Australian dollar securities	20,055	1,062	5.3
Loans, advances and other	38	1	3.4
Overnight settlements	818	37	4.5
Gold loans	1,465	19	1.3
	61,909	2,175	3.5
Interest expense
Banks' Exchange Settlement balances	771	35	4.5
Deposits from governments	9,905	470	4.7
Deposits from overseas institutions	190	2	1.2
Overseas repurchase agreements	6,495	95	1.5
Domestic repurchase agreements	1,268	60	4.7
Currency note holdings of banks	2,865	136	4.7
Other deposits	146	6	4.2
	21,640	804	3.7
Analysis for the year ended 30 June 2002
Interest revenue total	57,800	2,196	3.8
Interest expense total	18,357	684	3.7