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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Introduction
1 Dec 1992
RDP
9214
short-term money market dealers (which have clearing accounts). ... The two markets are closely linked. Banks expecting to receive inflows (respectively pay outflows) of ES funds tomorrow can either wait until tomorrow and lend (respectively borrow) in
https://www.rba.gov.au/publications/rdp/1992/9214/introduction.html
The Cash Market in Australia
1 Dec 1992
RDP
9214
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1992/9214.html