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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Superannuation | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
Superannuation funds do not engage in trading with each other, whereas interbank borrowing and lending is significant. ... Second, given the low interest rate environment globally in recent years, investors are increasingly ‘searching for yield’.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/superannuation.html
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
Alongside this, the Bank of England retains its oversight responsibilities for systemically important interbank systems and FMIs. ... In practice, the schemes have set a large number of different interchange fee rates for different types of transactions,
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html
HANDOUT PREPARED FOR STANDING COMMITTEE ON ECONOMICS 22 SEPTEMBER 2016
21 Sep 2016
Submissions
PDF
386KB
Reserve Bank of Australia 3. Average interest rates on deposits have increased by around 2 percentage points relative to the cash rate since the GFC. ... 5.0. 5.5. %. Graph 11: Variable Housing Interest Rates. Average rate paid.
https://www.rba.gov.au/publications/submissions/financial-sector/handout-standing-committee-on-economics-2016-09-22/pdf/handout-standing-committee-on-economics-2016-09-22.pdf
Payments System Issues | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
It is now working with the industry on a system which will significantly reduce interbank settlement risk. ... Under RTGS, high-value interbank payments will be settled across ESAs as they are exchanged between banks during the course of the day.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/payments-system-issues.html
Feasibility of Further Expansion | Report to the Inquiry into Competition in the Banking and Non-Banking Sectors – May 2009 | Financial…
7 May 2009
Submissions
Moreover, the longer the maturity of the repo, the greater degree of interest rate risk. ... ultimately compromise the Bank's ability to manage liquidity in the overnight cash market and thereby compromise the stability of the cash rate.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-report-2009-05/feasibility-of-further-expansion.html
Background: Financial System Trends | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
Virtually all financial firms now offer a much wider range of products and services than a decade ago, with multiple options as to rate of return, liquidity, risk characteristics, and so ... A major development in wholesale payments is the move to the
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/background-financial-system-trends.html
RBA Submission to the Inquiry into Competition in the Banking and Non-Banking Sectors
11 Jul 2008
Submissions
PDF
147KB
Inquiry into Competition in the Banking and Non-Banking Sectors
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-competition-in-banking-and-non-banking-sector/pdf/inquiry-competition-in-banking-and-non-banking-sector.pdf
Submission on Data Sharing and Release Legislation
18 Oct 2018
Submissions
PDF
207KB
This could apply to the Bank’s dealing with individual counterparties in financial markets, including the Open Market Operations used to keep the Bank’s policy interest rate at the target ... Similar
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/pdf/data-sharing-and-release-legislation_2018-08.pdf
International Comparisons of Bank Margins - August 1994
18 Jun 2004
Submissions
PDF
166KB
average interest rate charged for loans and the average interest rate paid on deposits. ... b) “Marginal” measures. 11. Sometimes a representative loan rate and a representative deposit rate are compared, such as the gap between the business
https://www.rba.gov.au/publications/submissions/financial-sector/international-comparisons-of-bank-margins/pdf/international-comparisons-of-bank-margins.pdf
Banking Industry.indd
7 Jun 2004
Submissions
PDF
522KB
rates. Rates on Certifi cates of Deposit and bank bills, for example, reached 25 per cent in June 1974 and 23 per cent in April 1982 - higher than comparable rates in ... b) Interest rate volatility. 25. Interest rates have fl uctuated within wide limits
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-australian-banking-industry/pdf/inquiry-australian-banking-industry.pdf