Search: OIS
RBA Glossary definition for OIS
OIS – Overnight indexed swap, a bilaterally traded, or over-the-counter (OTC), derivative in which one party agrees to pay the other party a fixed interest rate in exchange for receiving the average cash rate recorded over the term of the swap.
Search Results
Domestic Financial Markets
10 Feb 2011
SMP
– February 2011
Rates on 3-month bank bills have remained relatively steady at just below 5 per cent and the spread to overnight indexed swaps (OIS) is close to its lowest level over
https://www.rba.gov.au/publications/smp/2011/feb/dom-fin-mkts.html
Domestic Financial Markets
10 Nov 2012
SMP
– November 2012
Rates on overnight indexed swaps (OIS) currently imply a cash rate target of 3 per cent by early 2013 and around 2.75 per cent by mid 2013 (Graph 4.1). ... With the major Australian banks reducing their issuance of short-term debt, as well as
https://www.rba.gov.au/publications/smp/2012/nov/dom-fin-mkts.html
Domestic Financial Markets
10 Nov 2016
SMP
– November 2016
Rates on overnight indexed swaps (OIS) imply some chance of a further reduction in the cash rate over the year ahead (Graph 4.1). ... Short-term secured interest rates in the repurchase agreement (repo) market have risen relative to OIS rates, though
https://www.rba.gov.au/publications/smp/2016/nov/domestic-financial-markets.html
Domestic Financial Markets
10 Nov 2013
SMP
– November 2013
Rates on overnight indexed swaps (OIS) currently imply that the cash rate is likely to remain at 2.50 per cent over the next year (Graph 4.1). ... Spreads between comparable bill and OIS rates have been stable at low levels, with liquidity in the
https://www.rba.gov.au/publications/smp/2013/nov/dom-fin-mkts.html
Domestic Financial Conditions
8 May 2020
SMP
– May 2020
Graph 4.9. The spread of 3-month bank bill swap rates (BBSW) to overnight indexed swap rates (OIS) increased noticeably in early March, although not to the levels reached in ... 3-month BBSW has been trading around the level of 3-month OIS rates for the
https://www.rba.gov.au/publications/smp/2020/may/domestic-financial-conditions.html
Domestic Financial Markets
4 Feb 2016
SMP
– February 2016
Rates on overnight indexed swaps (OIS) imply an expectation of a further reduction in the cash rate to 1.75 per cent in the second half of this year ... Secured funding rates in the repurchase agreement (repo) market have also risen relative to OIS rates
https://www.rba.gov.au/publications/smp/2016/feb/domestic-financial-markets.html
Domestic Financial Markets
10 May 2012
SMP
– May 2012
Rates on overnight indexed swaps (OIS) currently imply an expectation of a cash rate of around 3 per cent at the end of 2012. ... As a result, spreads between bank bill and OIS rates have been reasonably stable.
https://www.rba.gov.au/publications/smp/2012/may/dom-fin-mkts.html
Domestic Financial Markets and Conditions
10 May 2008
SMP
– May 2008
OIS) and changes in market expectations about the future course of monetary policy. ... The spread between the 90-day bill yield and OIS has since averaged around 50 basis points.
https://www.rba.gov.au/publications/smp/2008/may/dom-fin-mkts.html
Domestic Financial Markets
10 Feb 2013
SMP
– February 2013
Rates on overnight indexed swaps (OIS) currently imply a cash rate target of around 2.50 per cent by the end of the year (Graph 4.1). ... Spreads of bank bills and CDs over OIS widened somewhat towards the end of 2012 as trading conditions thinned over
https://www.rba.gov.au/publications/smp/2013/feb/dom-fin-mkts.html
Domestic Financial Markets
27 Nov 2017
SMP
– November 2017
Graph 4.1. Short-term interest rates in the repurchase agreement (repo) market have increased recently and remain high relative to overnight indexed swaps (OIS) rates. ... The decline in bank bill rates relative to OIS earlier in the year reflected lower
https://www.rba.gov.au/publications/smp/2017/nov/domestic-financial-markets.html