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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China's Evolving Monetary Policy Framework in International Context
1 Dec 2019
RDP
2019-11
Exchange rate. Inflation. Operational target(s). Monetary base. 7-day interbank repo rate. ... Overnight cash rate target. Reserves/asset purchases. Primary instrument(s). PBC repo rate in corridor system.
https://www.rba.gov.au/publications/rdp/2019/2019-11/full.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
Explaining Monetary Spillovers: The Matrix Reloaded
1 Apr 2019
RDP
2019-03
The first component of the monetary policy shock vector given in Equation (3) is the change in the interest rate on 1-month overnight indexed swaps (OIS). ... To measure the interest rate response, we consider rates of different maturities: 1-month and
https://www.rba.gov.au/publications/rdp/2019/2019-03/full.html
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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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Fallbacks for BBSW Securities
16 Jun 2022
Bulletin
– June 2022
The bank bill swap rate (BBSW) is an important short-term benchmark interest rate for Australian financial markets across various maturities.
https://www.rba.gov.au/publications/bulletin/2022/jun/fallbacks-for-bbsw-securities.html
Financial Markets, Institutions and Liquidity | Conference – 2013
19 Aug 2013
Conferences
institutions with higher profitability, higher capital ratios, and fewer problem loans pay lower rates. ... Furthermore, the size and relative importance of the trading institution has a negative impact on the interest rate charged for overnight borrowing
https://www.rba.gov.au/publications/confs/2013/allen-carletti.html
Banking and Payment Services
27 Oct 2022
RBA Annual Report
– October 2022
The Bank achieved its competitive neutrality target rate of return in 2021/22. ... Australias interbank settlement system, the Reserve Bank Information and Transfer System (RITS), is owned and operated by the Reserve Bank.
https://www.rba.gov.au/publications/annual-reports/rba/2022/banking-and-payment-services.html
Abbreviations
28 Sep 2022
PSB Annual Report
– 2022
IBOR. Interbank offered rate. ISO. International Organization for Standardization. IOSCO. International Organisation of Securities Commissions. ... LCR. Least-cost routing. LIBOR. London interbank offered rate. MOG. Multilateral Oversight Group for
https://www.rba.gov.au/publications/annual-reports/psb/2022/abbreviations.html
Financial Market Infrastructures
28 Sep 2022
PSB Annual Report
– September 2022
In October 2021, LCH Ltd undertook the conversion of Euro Overnight Index Average (EONIA) contracts to the euro short-term rate (STR) while London Interbank Offered Rate (LIBOR) contracts for Swiss ... franc, euro, British pound and Japanese yen were
https://www.rba.gov.au/publications/annual-reports/psb/2022/financial-market-infrastructures.html
The Offshore Renminbi Market and Australia
18 Dec 2014
Bulletin
– December 2014
The Chinese authorities have continued to make progress in internationalising China's currency, the renminbi (RMB). In particular, the use of RMB for cross-border trade and investment transactions has increased noticeably over recent years and the
https://www.rba.gov.au/publications/bulletin/2014/dec/7.html