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RBA Glossary definition for bill rate

bill rate – The bill rate is the effective yield to maturity earned by the holder of a bill. The yield is usually expressed as a per annum rate.

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Structural Adjustments

1 Nov 1987 RDP 8710
Malcolm L. Edey, Elaine J. Kerrison and Gordon D. Menzies
Other interest rates in the model were determined by slow adjustment towards weighted averages of the bond rate and exogenous overseas rates. ... The short-term interest rate is thought of as representing either a 90 day bill rate or an average cash
https://www.rba.gov.au/publications/rdp/1987/8710/structural-adjustments.html

Variables Used in RBII

1 Nov 1987 RDP 8710
Malcolm L. Edey, Elaine J. Kerrison and Gordon D. Menzies
eu. interest rate on 90-day Eurodollar bills. r. k. real marginal cost of capital. ... 0.079. β. 23. 0.180. Stead State Growth Rates. Variable. Notation. Growth Rate.
https://www.rba.gov.au/publications/rdp/1987/8710/variables-used-in-rbii.html