Search: overnight loans
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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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Introduction
1 May 1995
RDP
9504
Download the Paper 180. KB. As an operating objective, Australian monetary policy is directed at affecting the interest rate paid on overnight funds (the “cash rate”). ... Less dramatically, at the short end of the curve, the interest rates paid and
https://www.rba.gov.au/publications/rdp/1995/9504/introduction.html