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1–6 of 6 collapsed search results for money market

RBA Glossary definition for money market

money market – The market which deals in short-term discount securities such as Treasury notes, bank bills and promissory notes. Major participants in this market include the Reserve Bank of Australia, banks, superannuation funds, insurance companies, investment trusts, investment banks, building societies and large corporates.

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The Pass-Through of Changes in the Cash Rate

1 May 1995 RDP 9504
Philip Lowe
2. (δ). α. β. α. β. Money-market rates. 3–6-month CD. 0.32. ... short-term money-market rates;. rates on long-term securities;. deposit rates;. lending rates.
https://www.rba.gov.au/publications/rdp/1995/9504/pass-through-of-changes-in-the-cash-rate.html

Conclusion

1 May 1995 RDP 9504
Philip Lowe
To some extent, the effects of these developments were not fully reflected in bank profitability due to the increased spreads between lending rates and short-term money-market interest rates. ... whose variable-rate interest rates do not move closely
https://www.rba.gov.au/publications/rdp/1995/9504/conclusion.html

The Link between the Cash Rate and Market Interest Rates

1 May 1995 RDP 9504
Philip Lowe
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1995/9504.html

Appendix 1: Unit Root Tests

1 May 1995 RDP 9504
Philip Lowe
RDP 9504: The Link Between the Cash Rate and Market Interest Rates Appendix 1: Unit Root Tests. ... n.a. n.a. n.a. Money-market rates. 3–6-month CD. 0.79. 1.08. 3.28. 2.53.
https://www.rba.gov.au/publications/rdp/1995/9504/appendix-1.html

Introduction

1 May 1995 RDP 9504
Philip Lowe
RDP 9504: The Link Between the Cash Rate and Market Interest Rates 1. ... This paper explores the first link in this chain – that is, the relationship between the cash rate and money-market interest rates, bond rates and the interest rates paid and
https://www.rba.gov.au/publications/rdp/1995/9504/introduction.html

What Determines the Degree of Pass-Through?

1 May 1995 RDP 9504
Philip Lowe
As discussed above, an increase in the cash rate is more fully passed on to money-market rates than to rates on transaction accounts. ... This access to deposits that attracted interest rates considerably below money-market rates was an important source
https://www.rba.gov.au/publications/rdp/1995/9504/what-determines-the-degree-of-pass-through.html