Search: Exchange Settlement Account balances
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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 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
Domestic Financial Markets
10 Nov 2010
SMP
– November 2010
Through its market operations, the Reserve Bank has generally maintained exchange settlement (ES) balances around $1 billion, and the cash rate has traded at target on all days. ... BHP's bid for Canadian group PotashCorp of around $43 billion and
https://www.rba.gov.au/publications/smp/2010/nov/dom-fin-mkts.html
Domestic Financial Markets
10 Nov 2008
SMP
– November 2008
When tensions amplified in mid September, the Bank increased aggregate exchange settlement (ES) balances from $1 billion to reach a peak of more than $11 billion in mid October. ... More recently, as conditions have stabilised somewhat, the Bank has
https://www.rba.gov.au/publications/smp/2008/nov/dom-fin-mkts.html
International and Foreign Exchange Markets
10 Nov 2009
SMP
– November 2009
The effective overnight rate in the euro area has remained around 0.4 per cent since settlement of the June operation. ... In general, exchange rates have followed their trends since March, broadly reflecting the ongoing improvements in financial
https://www.rba.gov.au/publications/smp/2009/nov/intl-fx-mkts.html
Domestic Financial Markets
10 Feb 2012
SMP
– February 2012
The domestic interbank money market has continued to function smoothly. The level of exchange settlement balances has generally been maintained at around $1 billion, except over year-end when, as usual, ... the compensation required by investors globally
https://www.rba.gov.au/publications/smp/2012/feb/dom-fin-mkts.html
Domestic Financial Markets
10 Aug 2011
SMP
– August 2011
To maintain the cash rate at the Board's target, the Reserve Bank has kept aggregate exchange settlement (ES) balances around $1 billion, although temporarily higher balances have been accommodated around ... Deposits currently account for about half of
https://www.rba.gov.au/publications/smp/2011/aug/dom-fin-mkts.html
Domestic Financial Markets
10 May 2010
SMP
– May 2010
Through its market operations, the Bank has kept exchange settlement (ES) balances around $1 billion, although it accommodated somewhat higher ES balances over the quarter-end. ... This balance sheet consolidation saw a continued reduction in listed
https://www.rba.gov.au/publications/smp/2010/may/dom-fin-mkts.html
Domestic Financial Markets
10 Aug 2010
SMP
– August 2010
In its market operations, the Bank has generally maintained aggregate Exchange Settlement (ES) balances within a $1–2 billion range, having allowed balances to rise temporarily over the financial year-end. ... The average interest rate on the major
https://www.rba.gov.au/publications/smp/2010/aug/dom-fin-mkts.html
Domestic Financial Markets
10 Feb 2010
SMP
– February 2010
In its market operations, the Bank has responded to changing demands for cash balances from commercial banks. ... Partly reflecting year-end pressures and higher demand for borrowing cash on a secured basis, the Bank allowed Exchange Settlement (ES)
https://www.rba.gov.au/publications/smp/2010/feb/dom-fin-mkts.html
Domestic Financial Markets
10 Aug 2008
SMP
– August 2008
In its market operations recently, the Bank has generally maintained aggregate exchange settlement (ES) balances at around $1–2 billion. ... Prime residential mortgages and RMBS continue to account for the bulk of underlying collateral.
https://www.rba.gov.au/publications/smp/2008/aug/dom-fin-mkts.html
Domestic Financial Markets
10 Aug 2013
SMP
– August 2013
These instruments represent investments in CGS, but will be held as depositary interests within CHESS, a securities settlement system operated by the ASX. ... The relatively attractive pricing of at-call savings accounts has continued to drive a
https://www.rba.gov.au/publications/smp/2013/aug/dom-fin-mkts.html