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RBA Glossary definition for overnight loans

overnight loans – Loans, which are recallable, repayable or renegotiable the next day, usually by 11.00 am.

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The Efficiency of Central Clearing: A Segmented Markets Approach

1 Oct 2016 RDP 2016-07
James Hansen and Angus Moore
interest rate risk on a bond issue; investment funds might hedge the foreign exchange risk of overseas investments; and banks might hedge the credit of a large syndicated loan. ... Each market could represent a particular product: one market might
https://www.rba.gov.au/publications/rdp/2016/2016-07/full.html