Search: bank accepted bill of exchange
RBA Glossary definition for bank accepted bill of exchange
bank accepted bill of exchange – A bank accepted bill of exchange is a bill of exchange that lists a bank as the acceptor of the bill. As an acceptor, a bank has a liability to pay the holder the face value of the bill at maturity. In certain circumstances, the liability is contingent on the borrower, or drawer, defaulting.
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The Exchange Rate and Macroeconomic Policy in Australia | Conference – 1993
12 Jul 1993
Conferences
exchange rate regimes differ mainly in their implications for the domestic price level. ... Thirdly, what purpose, if any, does the Reserve Bank of Australia's (RBA) policy of exchange market intervention achieve?
https://www.rba.gov.au/publications/confs/1993/pitchford.html
2.2 Operations in Financial Markets
19 Oct 2023
RBA Annual Report
– October 2023
Operations in Financial Markets | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/operations-in-financial-markets.html
The Evolving Structure of the Australian Financial System | Conference – 1996
9 Jul 1996
Conferences
In other cases, non-bank institutions were joint ventures between domestic and foreign banks. ... By comparison, rough estimates suggest that mortgage managers can deliver a residential mortgage product at the bank bill rate plus around 150 to 200 basis
https://www.rba.gov.au/publications/confs/1996/edey-gray.html
The Relationship Between Financial Indicators and Economic Activity: Some Further Evidence | Conference – 1989
20 Jun 1989
Conferences
3. Data. The variables used in BMS were:. the yield on 90-day bank-accepted bills;. ... Yield curve calculated as 10-year bond rate less 90-day bank bill rate.
https://www.rba.gov.au/publications/confs/1989/stevens-thorp.html
Financial Developments
9 Mar 2023
RBA Annual Report
– 1980
Yields on bank accepted/endorsed bills rose by around 3.5 per cent over the year. ... There was very rapid growth in banks' commercial bill limits during 1979/80.
https://www.rba.gov.au/publications/annual-reports/rba/1980/financial-developments.html
Operations in Financial Markets
20 Sep 2018
RBA Annual Report
– 2018
Securities issued by banks, such as bank bills, bonds and residential mortgage-backed securities (RMBS), are also eligible for repo in the Reserve Bank's OMO. ... The new methodology, which was fully implemented in May 2018, strengthens the benchmark by
https://www.rba.gov.au/publications/annual-reports/rba/2018/operations-in-financial-markets.html
Operations in Financial Markets
21 Oct 2021
RBA Annual Report
– 2021
As the RFR for the Australian dollar, it forms the basis of the fallback to the bank bill swap rate (calculated as AONIA plus a spread) under International Swaps and Derivatives ... b) Includes deposits at foreign central banks and the Bank for
https://www.rba.gov.au/publications/annual-reports/rba/2021/operations-in-financial-markets.html
The Evolution of Financial Deregulation | Conference – 1991
21 Jun 1991
Conferences
intermediated finance), breaking it down into banks' and NBFIs' credit and bank bills. ... The response was that the banks greatly expanded their advances. Initially, a good part of the expansion was in the form of bank bills (see Figure 6).
https://www.rba.gov.au/publications/confs/1991/grenville.html
The Australian Financial System in the 1990s | Conference – 2000
21 Jun 1990
Conferences
Sources: Banks' financial statements. The largest losses were recorded by the State Bank of Victoria (SBV) and the State Bank of South Australia (SBSA). ... Most of the merchant banks are now operated by foreign-owned banks, sometimes alongside a
https://www.rba.gov.au/publications/confs/2000/gizycki-lowe.html
Recent Developments in Federal Reserve System Liquidity and Reserve Operations | Conference – 2008
14 Jul 2008
Conferences
banks can borrow or lend with the central bank – ensure as best they can that expectations for rates on future days in the maintenance period are around the target rate. ... It could also foster reliance by banks on direct central bank credit which is
https://www.rba.gov.au/publications/confs/2008/hilton.html