Search: official reserve assets (RBA)

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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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The Australian Money Market

1 May 1987 RDP 8702
Michael Dotsey
market. The main focus of the official market is the allocation of exchange settlement funds between banks, authorised dealers and the Reserve Bank. ... Reserves leave the system because the Treasury keeps all its accounts with the Reserve Bank.
https://www.rba.gov.au/publications/rdp/1987/8702/the-australian-money-market.html

Interest Rate Volatility and Open Market Operations

1 May 1987 RDP 8702
Michael Dotsey
Selected Period Averages of Squared Deviations in the Daily Official Rate and the Daily Federal Funds Rate. ... For example, in 1985/86 the Reserve Bank of Australia's portfolio of $A assets showed only a small net increase, while gross sales were $28.4
https://www.rba.gov.au/publications/rdp/1987/8702/interest-rate-volatility-and-open-market-operations.html