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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6 November 2018 | Minutes of the Monetary Policy Meeting of the Board
20 Nov 2018
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 November 2018
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2018/2018-11-06.html
The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets
1 Feb 2020
RDP
2020-02
In the baseline models, the stance of monetary policy is measured by the cash rate target, as published in RBA statistical table F1 (Interest Rates and Yields – Money Market). ... Carroll et al 2017). Therefore, their discount rates may be relatively
https://www.rba.gov.au/publications/rdp/2020/2020-02/full.html
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The Consequences of Low Interest Rates for the Australian Banking Sector
21 Dec 2022
RDP
2022-08
monetary policy to lending rates when the level of the policy rate is low. ... Figure 8: Cash Rate Pass-through to Banks' Lending Rates. Source: Brassil, Major and Rickards (2022).
https://www.rba.gov.au/publications/rdp/2022/2022-08/full.html
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2 July 2013 | Minutes of the Monetary Policy Meeting of the Board
16 Jul 2013
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 July 2013
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2013/02072013.html
Data Description
21 Jun 2023
RDP
2023-05
Short-term interest rate. Three-month interbank rate. Spread. Difference between the 10-year sovereign bond yield and the 3-month interest rate. ... Low-rate dummy variable. Equal to 1 when the 3-month interbank rate is in the first quartile of the
https://www.rba.gov.au/publications/rdp/2023/2023-05/data-description.html
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5 July 2011 | Minutes of the Monetary Policy Meeting of the Board
5 Jul 2011
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 July 2011
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2011/05072011.html
Read me file
24 May 2022
RDP
2022-02
The code loads data from Findur on: the RBA's purchases and holdings of government bonds; government bond yields; and overnight indexed swap (OIS) rates. ... Some similar data are available in the RBA's statistical tables F1, F16 and F17 (Zero-coupon
https://www.rba.gov.au/publications/rdp/2022/2022-02/read-me.html
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Methodology
1 Nov 1990
RDP
9008
12 months ended). The 90-day bank bill rate is our proxy for monetary policy. ... In a deregulated environment, changes in cash rates are soon reflected in corresponding changes to the 90-day bank bill rate.
https://www.rba.gov.au/publications/rdp/1990/9008/methodology.html
6 September 2016 | Minutes of the Monetary Policy Meeting of the Board
20 Sep 2016
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board on 6 September 2016
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2016/2016-09-06.html
4 February 2014 | Minutes of the Monetary Policy Meeting of the Board
18 Feb 2014
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 February 2014
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2014/04022014.html