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RBA Glossary definition for billion

billion – One thousand million.

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Introduction

15 Aug 2018 RDP 2018-09
Nicholas Garvin
In the 2015 window, the average total value of repos open each night is around $12 billion, compared to around $5 billion in 2006.
https://www.rba.gov.au/publications/rdp/2018/2018-09/introduction.html

Identifying Repo Market Microstructure from Securities Transactions Data

1 Aug 2018 RDP 2018-09
Nicholas Garvin
In the 2015 window, the average total value of repos open each night is around $12 billion, compared to around $5 billion in 2006.
https://www.rba.gov.au/publications/rdp/2018/2018-09/full.html

The Australian Repo Market Microstructure

15 Aug 2018 RDP 2018-09
Nicholas Garvin
Between 2006 and 2015 the market size grew from around $5 billion to around $12 billion, measured by the value of outstanding positions on a typical night (Figure 4).
https://www.rba.gov.au/publications/rdp/2018/2018-09/the-australian-repo-market-microstructure.html

Comparing the Output with Prudential Data

15 Aug 2018 RDP 2018-09
Nicholas Garvin
Table 6: OLS Regressions of APRA Data on Algorithm Data. Variables measured in $ billion.
https://www.rba.gov.au/publications/rdp/2018/2018-09/comparing-the-output-with-prudential-data.html