Search: 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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Domestic Financial Conditions
10 Aug 2018
SMP
– August 2018
late. First, banks, including in Australia, have become more reluctant to supply liquidity in money markets. ... In other words, banks appear less inclined to be ‘market makers’, which stand ready to buy and sell in money markets, thereby absorbing
https://www.rba.gov.au/publications/smp/2018/aug/domestic-financial-conditions.html
Domestic Financial Markets
10 Nov 2009
SMP
– November 2009
The strength of recent economic data has seen further increases in the cash rate priced into money market yields. ... In addition to accessing a wide range of bond markets, Australian banks have had good access to other types of capital market funding.
https://www.rba.gov.au/publications/smp/2009/nov/dom-fin-mkts.html
Domestic Financial Markets
10 Nov 2008
SMP
– November 2008
global rise in risk aversion limited the decline in money market yields, with the 3-month spread increasing to over 100 basis points (Graph 56). ... Subject to certain conditions, branches of foreign banks are also covered in these arrangements, thereby
https://www.rba.gov.au/publications/smp/2008/nov/dom-fin-mkts.html
Domestic Financial Markets
10 May 2009
SMP
– May 2009
Money market yields imply there is an expectation of a further policy easing in the next six months, with the cash rate expected to reach a low of 2–2 per ... The improvement in money market conditions has allowed the Bank to adjust its own operations
https://www.rba.gov.au/publications/smp/2009/may/dom-fin-mkts.html
Domestic Financial Conditions
5 Aug 2022
SMP
– August 2022
Money market rates and yields at the short end of the yield curve have risen in recent months, reflecting the expected policy tightening in the period ahead. ... Short-term money market rates, including bank bill swap rates (BBSW), have increased
https://www.rba.gov.au/publications/smp/2022/aug/domestic-financial-conditions.html
Domestic Financial Conditions
8 May 2020
SMP
– May 2020
This helped to ease financial market conditions and improve market functioning, although conditions remain difficult, in corporate wholesale funding markets in particular. ... In early May, to assist with the smooth functioning of Australian capital
https://www.rba.gov.au/publications/smp/2020/may/domestic-financial-conditions.html
Domestic Financial Conditions
6 May 2022
SMP
– May 2022
Money market rates have also risen, as have market participants' expectations of further policy tightening; current market pricing implies expectations of an increase of the cash rate to around 2 ... This operational change was announced in February to
https://www.rba.gov.au/publications/smp/2022/may/domestic-financial-conditions.html
Box D: Recent Growth in the Money Supply and Deposits
7 Aug 2020
SMP
– August 2020
Statement on Monetary Policy – August 2020 Box D: Recent Growth in the Money Supply and Deposits. ... 1). Deposit and money growth are typically driven by new lending by the banking sector.
https://www.rba.gov.au/publications/smp/2020/aug/box-d-recent-growth-in-the-money-supply-and-deposits.html
Domestic Financial Conditions
4 Feb 2021
SMP
– February 2021
Graph 3.12. Short-term money market rates are at historically low levels owing to the low level of the cash rate and the large amount of liquidity in the banking ... The temporary decline reflected abundant Australian dollar liquidity in the domestic
https://www.rba.gov.au/publications/smp/2021/feb/domestic-financial-conditions.html
Domestic Financial Conditions
8 Nov 2019
SMP
– November 2019
This reflected an increase in net demand for US dollars in money markets, which sharply increased short-term US dollar repo rates in mid September (see ‘The International Environment’ chapter). ... Market volatility was around its long-run average
https://www.rba.gov.au/publications/smp/2019/nov/domestic-financial-conditions.html