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.
Search Results
Valuing Safety and Privacy in Retail Central Bank Digital Currency
11 Apr 2024
RDP
2024-02
access to a digital form of money that is even safer and potentially more private than commercial bank deposits. ... To conduct our exploration we run a discrete choice experiment, which is a technique designed specifically for assessing public
https://www.rba.gov.au/publications/rdp/2024/2024-02.html
References
11 Apr 2024
RDP
2024-02
Worry about Their Money's Safety in Banks’, Gallop website, News, 4 May, accessed 18 October 2023. ... RBNZ (Reserve Bank of New Zealand) (2022), ‘Future of Money – To Moni Anamata: Summary of Responses to Our 2021 Issues Papers’, April.
https://www.rba.gov.au/publications/rdp/2024/2024-02/references.html
Introduction
11 Apr 2024
RDP
2024-02
This is one of the main value propositions of a CBDC, since money issued by the RBA has no credit risk. ... Our results suggest that Australians on average are not willing to pay anything for the added safety of digital central bank money (Figure 1).
https://www.rba.gov.au/publications/rdp/2024/2024-02/introduction.html
Summary and Discussion
11 Apr 2024
RDP
2024-02
This is consistent with bank deposits already being perceived by the public as a safe form of money. ... The RBA has expressed ‘a strong presumption that any issuance of CBDC in a market economy like Australia would be via a two-tier system’, whereby
https://www.rba.gov.au/publications/rdp/2024/2024-02/summary-and-discussion.html
Valuing Safety and Privacy in Retail Central Bank Digital Currency
11 Apr 2024
RDP
2024-02
This is one of the main value propositions of a CBDC, since money issued by the RBA has no credit risk. ... This is consistent with bank deposits already being perceived by the public as a safe form of money.
https://www.rba.gov.au/publications/rdp/2024/2024-02/full.html