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.
Search Results
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
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
See 1 more results from "RDP 2003-12"
Semi-Annual Statement on Monetary Policy
10 May 1999
Bulletin
– May 1999
Japan cut its target call rate from 0.25 per cent to 0.15 per cent in February and subsequently guided overnight interbank interest rates to (fractionally above) zero. ... overnight target interest rate to 4.75 per cent at the end of March.
https://www.rba.gov.au/publications/bulletin/1999/may/1.html
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
See 5 more results from "RDP 2008-09"
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
See 2 more results from "RDP 2020-01"
Topic: Payments
11 Sep 2018
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/payments/
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
Appendix D: Glossary and Data
31 Dec 2005
RDP
2005-11
All levels variables are expressed in logs except: interest rates, bond market inflation expectations and the tariff rate series trf (which are expressed as decimals); together with the Southern Oscillation Index. ... Source: Reserve Bank of Australia, <>
https://www.rba.gov.au/publications/rdp/2005/2005-11/appendix-d.html
Statement on Monetary Policy
10 Nov 2001
Bulletin
– November 2001
in rates, bringing the cash rate to 4.5 per cent. ... Current. policy rate Per cent. Korea. 125. 4.00. Taiwan. 250. 2.25.
https://www.rba.gov.au/publications/bulletin/2001/nov/1.html
Semi-Annual Statement on Monetary Policy
10 Nov 1998
Bulletin
– November 1998
A similar pattern of short-term interest rates was evident in late August and early September as the exchange rate again fell heavily. ... The Bank of Japan's overnight rate was further reduced in September to 0.25 per cent.
https://www.rba.gov.au/publications/bulletin/1998/nov/1.html