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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Domestic Financial Conditions
5 Nov 2021
SMP
– November 2021
Bank bill swap rates (BBSW) and the cost of Australian dollar funding from offshore short-term issuance (via the foreign exchange swap market) moved a little higher over the past three ... Under the CLF, the Reserve Bank provides a commitment (in
https://www.rba.gov.au/publications/smp/2021/nov/domestic-financial-conditions.html
The Balance of Payments | Conference – 1990
21 Jun 1990
Conferences
real exchange rate can be relied on to bring about costless external adjustment. ... Outstandings in this market now amount to $37 billion (compared with $50 billion in the domestic government bond market and $66 billion in the bank bill market).
https://www.rba.gov.au/publications/confs/1990/tease.html
Domestic Financial Conditions
4 Feb 2022
SMP
– February 2022
In particular, three-month bank bill swap rates (BBSW) have moved a few basis points higher over the past three months, but remain very low. ... Bank bond spreads to reference rates rose in late 2021, increasing the cost of new debt issuance for banks.
https://www.rba.gov.au/publications/smp/2022/feb/domestic-financial-conditions.html
Robust Design Principles for Monetary Policy Committees | Conference – 2018
12 Apr 2018
Conferences
In late 1992, the government of Venezuela granted statutory independence to the central bank in a reform bill that was seen as a paragon of the Washington Consensus. ... By spring 1994, however, the administration indicated that it expected the central
https://www.rba.gov.au/publications/confs/2018/archer-levin.html
The Australian Financial System in the 2000s: Dodging the Bullet | Conference – 2011
24 Jul 2000
Conferences
An international agenda of stronger regulation, especially of banks, commenced in the late 2000s, and substantial reforms involving stronger bank regulation and enhanced investor and borrower protection were in train at ... Banking Act 1959. Under those
https://www.rba.gov.au/publications/confs/2011/davis.html
International Economic Developments
10 Feb 2015
SMP
– February 2015
Growth of trust loans and bank accepted bills – which have contributed significantly to growth in non-bank and off-balance sheet financing in recent years – has slowed noticeably over the past ... The Reserve Bank of New Zealand has responded by
https://www.rba.gov.au/publications/smp/2015/feb/intl-eco-dev.html
International Economic Developments
10 Aug 2011
SMP
– August 2011
in the credit statistics, have expanded over the past two years, while the issuance of bank accepted bills has become an increasingly important source of funding in China. ... In response to persistently high inflation, the Reserve Bank of India has
https://www.rba.gov.au/publications/smp/2011/aug/intl-eco-dev.html
The Objectives for, and Conduct of, Monetary Policy in the 1990s | Conference – 1992
21 Jun 1990
Conferences
Alternatively, how long can the central bank prevent commercial banks, or other financial institutions, from issuing interest-bearing notes (e.g. ... term interest rates were then relaxed by the Bank of England buying short-term (commercial) bills from
https://www.rba.gov.au/publications/confs/1992/goodhart.html
Domestic Financial Conditions
6 Feb 2020
SMP
– February 2020
In contrast, there was little evidence of year-end funding pressures in other short-term funding markets, with spreads of interest rates to OIS in the markets for bank bills and ... Prices for new deals, expressed as a spread to bank bill swap (BBSW)
https://www.rba.gov.au/publications/smp/2020/feb/domestic-financial-conditions.html
International and Foreign Exchange Markets
10 Nov 2014
SMP
– November 2014
The announcement of this DDR requirement follows regulations introduced in May that effectively require banks to hold more capital against trust assets and bank-accepted bills. ... The Russian central bank has also intervened in the foreign exchange
https://www.rba.gov.au/publications/smp/2014/nov/intl-fx-mkts.html