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.
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The Global Financial Environment
20 Oct 2016
FSR
– October 2016
In the major advanced economies, banking system profitability remains under pressure given low rates of nominal growth and the low interest rate environment. ... Lower exchange rates will make foreign currency-denominated debt more costly to service.
https://www.rba.gov.au/publications/fsr/2016/oct/global-fin-env.html
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
Alongside this, the Bank of England retains its oversight responsibilities for systemically important interbank systems and FMIs. ... In practice, the schemes have set a large number of different interchange fee rates for different types of transactions,
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html
Payments System Issues | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
It is now working with the industry on a system which will significantly reduce interbank settlement risk. ... Under RTGS, high-value interbank payments will be settled across ESAs as they are exchanged between banks during the course of the day.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/payments-system-issues.html
The Global Financial Environment
20 Apr 2016
FSR
– April 2016
regional exposures and greater use of short-term interbank funding (Graph 1.5). ... Housing prices in Hong Kong rose especially quickly until late 2015, partly as a result of low interest rates associated with its fixed exchange rate system.
https://www.rba.gov.au/publications/fsr/2016/apr/global-fin-env.html
Feasibility of Further Expansion | Report to the Inquiry into Competition in the Banking and Non-Banking Sectors – May 2009 | Financial…
7 May 2009
Submissions
Moreover, the longer the maturity of the repo, the greater degree of interest rate risk. ... ultimately compromise the Bank's ability to manage liquidity in the overnight cash market and thereby compromise the stability of the cash rate.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-report-2009-05/feasibility-of-further-expansion.html
The Australian Financial System
10 Mar 2014
FSR
– March 2014
market. Profitability remains strong in the domestic general insurance industry, reflecting a favourable claims experience and increases in premium rates. ... Some banks have increased the discounts on their headline interest rates, waived application
https://www.rba.gov.au/publications/fsr/2014/mar/aus-fin-sys.html
The Australian Financial System
10 Sep 2014
FSR
– September 2014
In addition, some banks recently raised their commission rates paid to mortgage brokers. ... Some life insurers have responded by increasing premium rates recently on group policies.
https://www.rba.gov.au/publications/fsr/2014/sep/aus-fin-sys.html
The Global Financial Environment
20 Oct 2015
FSR
– October 2015
Official data suggest that these measures – which include restricting banks' interbank investments, further liberalising interest rates and insuring bank deposits – have helped slow growth in off-balance sheet lending in China ... to narrow if the
https://www.rba.gov.au/publications/fsr/2015/oct/global-fin-env.html
Background: Financial System Trends | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
Virtually all financial firms now offer a much wider range of products and services than a decade ago, with multiple options as to rate of return, liquidity, risk characteristics, and so ... A major development in wholesale payments is the move to the
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/background-financial-system-trends.html
The Australian Financial System
10 Mar 2008
FSR
– March 2008
rates by an average of 40 basis points more than the increase in the cash rate since July 2007. ... Since late last year, it is estimated that these lenders have increased their advertised interest rates by around 110 basis points more than the
https://www.rba.gov.au/publications/fsr/2008/mar/aus-fin-sys.html