Search: Surplus Exchange Settlement Account balances
RBA Glossary definition for Exchange Settlement Account balances
Exchange Settlement Account balances – The sum of balances held in Exchange Settlement Accounts with the Reserve Bank.
RBA Glossary definition for Surplus Exchange Settlement Account balances
Surplus Exchange Settlement Account balances – Exchange Settlement Account balances, excluding balances that account holders keep to meet their after-hours payments in the direct entry system or the New Payments Platform.
RBA Glossary definition for settlement
settlement – The discharge of obligations arising from fund transfers between two or more parties.
RBA Glossary definition for Exchange Settlement Account
Exchange Settlement Account – An account held at the Reserve Bank of Australia by financial institutions to settle financial obligations arising from the clearing of payments.
Search Results
The Australian Experience
1 Jul 1990
RDP
9002
As in the case of the fiscal deficit, the larger the interest servicing costs, the larger the trade balance surplus required to service the outstanding stock of debt. ... The peak of the trade balance surplus corresponded to a period of exceptionally
https://www.rba.gov.au/publications/rdp/1990/9002/australian-experience.html
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Daily Equilibrium
1 Dec 1992
RDP
9214
leaving cash in exchange settlement accounts at the Reserve Bank. Demand by authorised dealers stems from:. ... Ignoring the options of leaving cash uninvested — i.e. in exchange settlement accounts at zero interest — the equilibrium condition for
https://www.rba.gov.au/publications/rdp/1992/9214/daily-equilibrium.html
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Identifying Interbank Loans from Payments Data
1 Dec 2016
RDP
2016-11
RITS transactions are settled using Exchange Settlement Accounts (ESAs). These are accounts ‘held at the Reserve Bank of Australia by financial institutions to settle financial obligations arising from the clearing of ... The RBA pays daily interest on
https://www.rba.gov.au/publications/rdp/2016/2016-11/full.html
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Why did it Happen?
1 May 1998
RDP
9805
16.0. 17.2. Notes: (a) Full balance of payments and timely GNP statistics are not compiled yet for Hong Kong but Ma and Hawkins suggest the current account may have ... Using GDP as a proxy for GNP, saving/GDP is 31%. Government accounts are not given in
https://www.rba.gov.au/publications/rdp/1998/1998-05/why-did-it-happen.html
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The Australian Money Market
1 May 1987
RDP
8702
Similarly, since exchange settlement accounts pay no interest, banks wish to keep their clearing balances at the Reserve Bank to a minimum. ... Let us assume that at the beginning of the day the banking system's exchange settlement accounts have a zero
https://www.rba.gov.au/publications/rdp/1987/8702/the-australian-money-market.html
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China's Financial System Reforms
31 Dec 2014
RDP
2014-10
Regulations announced in 1980 retained centralised foreign exchange management (that is, requiring approval for individual current and capital account transactions) but resident entities and foreigners were allowed to retain or trade ... Importers
https://www.rba.gov.au/publications/rdp/2014/2014-10/chi-fin-sys-reforms.html
The 1970s
31 Dec 2001
RDP
2001-07
This was accompanied by a drain in liquidity resulting from a deterioration of the balance of payments and a government budget surplus. ... interest. Introduced in December 1972 to address a ballooning capital account surplus, this constrained the
https://www.rba.gov.au/publications/rdp/2001/2001-07/1970s.html
Demand in the Repo Market: Indirect Perspectives from Open Market Operations from 2006 to 2020
15 May 2024
RDP
2024-03
without having to hold the cash in their exchange settlement accounts at the Reserve Bank. ... In the context of this paper, we refer to liquidity as exchange settlement balances held at the central bank.
https://www.rba.gov.au/publications/rdp/2024/2024-03/full.html
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The Consequences of Low Interest Rates for the Australian Banking Sector
21 Dec 2022
RDP
2022-08
Section 3 will explore the literature through the lens of banks' balance sheets. ... a) Includes deposits in housing loan offset accounts and non-interest bearing deposits.
https://www.rba.gov.au/publications/rdp/2022/2022-08/full.html
Macrofinancial Stress Testing on Australian Banks
20 Sep 2022
RDP
2022-03
which the results for each bank only vary based on their balance sheet structure. ... These nine banks account for around 80 per cent of banking system assets in Australia.
https://www.rba.gov.au/publications/rdp/2022/2022-03/full.html