Search: RBA Repos

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RBA Glossary definition for RBA Repos

RBA Repos – An intra-day repurchase agreement between an Exchange settlement account (ESA) holder and the Reserve Bank of Australia that is undertaken unilaterally by the ESA holder through the Austraclear System.

RBA Glossary definition for RBA

RBA – Reserve Bank of Australia. Australia's central bank, the body corporate successor to the Commonwealth Bank established in 1912; created under its new name by the Reserve Bank Act 1959.

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Australia's RTGS System

31 Dec 2012 RDP 2012-05
Ashwin Clarke and Jennifer Hancock
Liquidity in RITS is sourced from overnight balances held in participants' accounts at the Reserve Bank of Australia (RBA) and additional funds made available to participants by the RBA via ... In July 2009, the RBA added a ‘targeted’
https://www.rba.gov.au/publications/rdp/2012/2012-05/aus-system.html

Methodology

31 Dec 2012 RDP 2012-05
Ashwin Clarke and Jennifer Hancock
For simplicity, we allow unlimited liquidity for the RBA, CLS Bank and the settlement accounts of the equity and futures clearing and settlement systems. ... Excluding the RBA, CLS Bank and the settlement accounts for the equity and futures markets.
https://www.rba.gov.au/publications/rdp/2012/2012-05/methodology.html