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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Appendix D: Calculation of the own rate on M3 and BM
1 May 1987
RDP
8703
Of these categories, interest rates were available only for building societies, finance companies, money market corporations and cash management trusts. ... MMC is net borrowings of money market corporations. CMT is net borrowings of cash management
https://www.rba.gov.au/publications/rdp/1987/8703/appendix-d.html
Money Demand, Own Interest Rates and Deregulation
1 May 1987
RDP
8703
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1987/8703.html
The Stability of Money Demand
1 May 1987
RDP
8703
Four representative studies of money demand in Australia were selected by Stevens et. ... Non-bank financial institutions included in broad money were better placed to compete in financial markets during periods of monetary restriction.
https://www.rba.gov.au/publications/rdp/1987/8703/the-stability-of-money-demand.html
Parameters of Money Demand, Own Rates and the Effectiveness of Intermediate Targets
1 May 1987
RDP
8703
This can be shown to be equivalent to reducing the interest sensitivity of money demand. ... The variables m and p are logarithms of the money supply and the price level.
https://www.rba.gov.au/publications/rdp/1987/8703/parameters-of-money-demand-own-rates-and-the-effectiveness-of-intermediate-targets.html