Search: interbank overnight rate
RBA Glossary definition for interbank overnight rate
interbank overnight rate – The interbank overnight rate (also known as the cash rate) is the interest rate which banks pay or charge to borrow funds from or lend funds to other banks on an overnight unsecured basis. The Reserve Bank of Australia uses this rate as an operational target for the implementation of monetary policy. The Reserve Bank of Australia calculates and publishes this rate each day on the basis of data collected directly from banks. The interbank overnight rate has been published by the Reserve Bank of Australia since June 1998.
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Demand in the Repo Market: Indirect Perspectives from Open Market Operations from 2006 to 2020
9 May 2024
RDP
PDF
4625KB
other ADIs on an overnight unsecured basis. This measure is also known as the interbank overnight. ... Wilson (2010). Interest rate corridor – The interest rates on the overnight lending and deposit facilities provide.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-03.pdf
Introduction
1 Dec 1992
RDP
9214
The weighted average of these two rates is called the official cash rate. ... interest rate on this amount overnight — as it does on all uncleared payments.
https://www.rba.gov.au/publications/rdp/1992/9214/introduction.html
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Appendix D: Glossary and Data
1 Jun 2000
RDP
2000-05
Prior to August 1996, cash market interbank overnight rate. From August 1996 onwards, cash market 11am call rate. ... Source:. Interest rates: Reserve Bank of Australia Bulletin, Table F.11. For the German repo rate prior to 1999: Datastream, FOOIRGRR.
https://www.rba.gov.au/publications/rdp/2000/2000-05/appendix-d.html
A Sectoral Model of the Australian Economy
13 May 2008
RDP
PDF
220KB
The overnight cash rate has been the chief instrument of monetary policy since the float of the dollar in December 1983, which spans our entire sample. ... Overnight cash rate: Overnight cash rate, averaged over the quarter. Nominal official cash rate
https://www.rba.gov.au/publications/rdp/2008/pdf/rdp2008-01.pdf
OPEN MARKET OPERATIONS IN AUSTRALIA: A U.S. PERSPECTIVE Michael ...
17 Oct 2014
RDP
PDF
817KB
dealers will only borrow if overnight rates rise to the level of the lender of. ... day funds and the rates charged and the rate on LLR loans will play an.
https://www.rba.gov.au/publications/rdp/1987/pdf/rdp8702.pdf
Credit Spreads, Monetary Policy and the Price Puzzle
1 Jan 2020
RDP
2020-01
in risk premia in large business lending rates is met by an 8 basis point cut to the cash rate. ... The spread between the 3-month bank-accepted bill (BAB) rate and the 3-month Australian dollar overnight indexed swap (OIS) rate. (.
https://www.rba.gov.au/publications/rdp/2020/2020-01/full.html
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Appendix D: Data Sources and Definitions
31 Dec 2003
RDP
2003-12
The nominal cash rate is the quarter average of monthly data for the interbank overnight rate, for the period from July 1998 onwards, and for the 11am call rate, up to ... Constructed from RBA Bulletin Table ‘Advances Classified by Interest Rates’
https://www.rba.gov.au/publications/rdp/2003/2003-12/appendix-d.html
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Appendix A: Zero-coupon Yields
30 Dec 2008
RDP
2008-09
We display estimated 1, 3 and 5-year zero-coupon yields, as well as the interbank overnight cash rate in Figure A1. ... Hence requiring d(0) = 1 is equivalent to requiring. Writing. , we can ensure that the 1-day yield is given by the overnight cash rate,
https://www.rba.gov.au/publications/rdp/2008/2008-09/appendix-a.html
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Explaining Monetary Spillovers: The Matrix Reloaded
8 Apr 2019
RDP
PDF
1861KB
average level of the overnight rate over the maturity of the contract. ... Unlike futures contracts which refer to the. overnight rate in a particular calendar month, the maturity in the OIS contract is fixed.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-03.pdf
Appendix B: Data Sources and Definitions
1 Jun 2015
RDP
2015-07
obs. ): Quarterly average interbank overnight cash rate. Source: RBA statistical table F1.1 Interest Rates and Yields – Money Market. ... Source: RBA. Foreign interest rates (r. obs. ): Quarterly average policy rate of the United States, Japan and euro
https://www.rba.gov.au/publications/rdp/2015/2015-07/appendix-b.html