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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Appendix B: Data Sources and Definitions
1 Jun 2015
RDP
2015-07
obs. ): Quarterly average interbank overnight cash rate. Source: RBA statistical table F1.1 Interest Rates and Yields – Money Market. ... Source: RBA. Foreign interest rates (r. obs. ): Quarterly average policy rate of the United States, Japan and euro
https://www.rba.gov.au/publications/rdp/2015/2015-07/appendix-b.html
Appendix D: Glossary and Data
31 Dec 2005
RDP
2005-11
All levels variables are expressed in logs except: interest rates, bond market inflation expectations and the tariff rate series trf (which are expressed as decimals); together with the Southern Oscillation Index. ... Source: Reserve Bank of Australia, <>
https://www.rba.gov.au/publications/rdp/2005/2005-11/appendix-d.html
The Unfolding Turmoil of 2007–2008: Lessons and Responses | Conference – 2008
20 Aug 2007
Conferences
Two types of interest rate spreads are especially helpful in tracking events as they have unfolded: the spreads of 3-month London Interbank Offered Rate (LIBOR) over the overnight index swap ... The former is a good indicator of liquidity in interbank
https://www.rba.gov.au/publications/confs/2008/cohen-remolona.html
The Australian Financial System in the 1990s | Conference – 2000
21 Jun 1990
Conferences
Change in rate of return on equity. 5.75. 0.04. Accounted for by change in:. ... When interest rates fell in 1990 and 1991, many of the fixed-rate loans made by these programs were refinanced causing the holders of the bonds to incur significant losses.
https://www.rba.gov.au/publications/confs/2000/gizycki-lowe.html
The Australian Financial System in the 2000s: Dodging the Bullet | Conference – 2011
24 Jul 2000
Conferences
As Figure 2 also demonstrates, longer-term rates did not respond to the hikes in the cash rate, while Figure 3 illustrates how risk premia in business and corporate funding rates ... Thereafter, however, the spread remained relatively stable (at 180
https://www.rba.gov.au/publications/confs/2011/davis.html
Appendix D: Data Definitions and Sources
1 Jul 1986
RDP
8608
Set at 9.00 a.m. on current day, based on previous days rates – largely overnight rates in New York. ... Calculated using closing rates in London. Source, Reuter. DMRATE. =. The West German 3 month interbank deposits rate.
https://www.rba.gov.au/publications/rdp/1986/8608/appendix-d.html
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Discussion on Recent Developments in Federal Reserve System Liquidity and Reserve Operations | Conference – 2008
14 Jul 2008
Conferences
Essentially, the Fed supplies a level of reserves to achieve the overnight Fed funds target rate, the first step in the transmission of monetary policy. ... reinforce its target overnight rate.
https://www.rba.gov.au/publications/confs/2008/hilton-disc.html
Appendix A: Definitions, Sources and Figures of Data
1 May 1996
RDP
9602
Money market rate: annual average 3-month interbank market rate, Singapore Yearbook of Statistics and IMF International Financial Statistics. ... Money market rate: annual average weighted interbank market rate, Bank of Thailand Monthly Statistical
https://www.rba.gov.au/publications/rdp/1996/9602/appendix-a.html
Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting? | Conference – 2004
9 Aug 2004
Conferences
The target interbank rate was lowered immediately to 0.15 per cent, and would be reduced to zero, as conditions warranted. ... However, by targeting an amount beyond required reserves (about 4 trillion yen), it effectively meant that the interbank rate
https://www.rba.gov.au/publications/confs/2004/ito.html
Setting Monetary Policy in East Asia: Goals, Developments and Institutions | Conference – 2001
24 Jul 2001
Conferences
Elsewhere, in the face of fairly mild headwinds, at least by the recent standards of east Asia, the Federal Reserve pushed interbank rates down to zero in real terms. ... One answer is openness. With greater openness the exchange rate's effect on prices
https://www.rba.gov.au/publications/confs/2001/mccauley.html