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.
Search Results
The Consequences of Low Interest Rates for the Australian Banking Sector
21 Dec 2022
RDP
2022-08
I define ‘losses’ as including any provisions for expected losses. (b) Examples include bonds, certificates of deposit, bank bills, asset-backed securities, and hybrid securities. ... Australian banks' wholesale debt and deposit funding is typically
https://www.rba.gov.au/publications/rdp/2022/2022-08/full.html
See 1 more results from "RDP 2022-08"
Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
1 Sep 2019
RDP
2019-09
Specifically, we estimate the profits major banks can earn on lending Australian dollar cash in the markets for repos, bank bills and foreign exchange swaps. ... Bank bills as the average three-month bank bill swap rate. Foreign exchange swaps as the
https://www.rba.gov.au/publications/rdp/2019/2019-09/full.html
See 6 more results from "RDP 2019-09"
The Term Funding Facility: Has It Encouraged Business Lending?
13 Dec 2022
RDP
2022-07
Figure 1: Non-bank ABS Issuance and Pricing. Notes: (a) AAA-rated notes of prime residential mortgage-backed securities (RMBS) and other ABS, spread to 1-month bank bill swap rates ... For example, some central banks accepted a wider range of collateral
https://www.rba.gov.au/publications/rdp/2022/2022-07/full.html
See 1 more results from "RDP 2022-07"
Appendix C: Variable Definitions
28 Jan 2020
RDP
2020-01
Reserve Bank of Australia (RBA). Δ. c. r. t. Cash rate change at Board meeting in month t. ... RBA. c. s. t. M. M. Money market spread between 3-month bank-accepted bill (BAB) rate and 3-month Australian dollar overnight indexed swap (OIS) rate (3-month
https://www.rba.gov.au/publications/rdp/2020/2020-01/appendix-c.html
See 3 more results from "RDP 2020-01"
The Separation of Debt Management and Monetary Policy
10 Nov 1993
Bulletin
– November 1993
when the Bank is changing the composition of its assets from foreign exchange to domestic securities. ... In an exchange of letters with the Reserve Bank in August 1986, the Treasury informed the Bank that the Government would no longer make use of
https://www.rba.gov.au/publications/bulletin/1993/nov/1.html
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
The Chinese Interbank Repo Market
15 Jun 2017
Bulletin
– June 2017
The market for repurchase agreements (repos) is an important source of short-term funding for financial institutions operating in China. This article outlines the key features of Chinese repo markets, focusing on the interbank market, before
https://www.rba.gov.au/publications/bulletin/2017/jun/9.html
China's Evolving Monetary Policy Framework in International Context
1 Dec 2019
RDP
2019-11
based out of its Shanghai headquarters, before evolving into a commercial bank specialising in foreign exchange and trade. ... More in keeping with most central banks in advanced economies (the exceptions being the Bank of England, and to a lesser extent,
https://www.rba.gov.au/publications/rdp/2019/2019-11/full.html
See 2 more results from "RDP 2019-11"
The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases
24 May 2022
RDP
2022-02
and. reducing liquidity premia – steady central bank buying reduces the risk of investors being unable to sell bonds at a reasonable price, and increases commercial banks' reserve balances. ... about the Reserve Bank's reaction function for the use of
https://www.rba.gov.au/publications/rdp/2022/2022-02/full.html
See 1 more results from "RDP 2022-02"
Where's the Money? An Investigation into the Whereabouts and Uses of Australian Banknotes
1 Dec 2018
RDP
2018-12
We now outline some key trends evident in the Reserve Bank's Consumer Payments Survey (CPS). ... While not withdrawing legal tender status from the old paper series, the Reserve Bank and commercial banks have been removing from circulation any paper
https://www.rba.gov.au/publications/rdp/2018/2018-12/full.html
See 2 more results from "RDP 2018-12"