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RBA Glossary definition for Close-out netting

Close-out netting – An arrangement to settle all contracted but not yet due liabilities to, and claims on, an institution by a single payment, immediately upon the occurrence of one of a list of defined events such as the appointment of a liquidator to that institution.

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Economic and Financial Research in the Reserve Bank in 1994

2 Jun 2003 Bulletin PDF 50KB
Two papers examined prudentialsupervisory issues. The paper by MarianneGizycki and Brian Gray discusses thecalculation of capital charges to cover defaultrisks in a system that allows ‘netting’, wherebyamounts owing between two parties
https://www.rba.gov.au/publications/bulletin/1995/feb/pdf/bu-0295-2.pdf

Bulletin March Quarter 2023

8 Jun 2023 Bulletin - March 2023 PDF 7038KB
https://www.rba.gov.au/publications/bulletin/2023/mar/pdf/bulletin-2023-03.pdf

Payments System Board Annual Report 1999 - The Role of the Board

22 Sep 2005 PSB Annual Report 1999 PDF 360KB
https://www.rba.gov.au/publications/annual-reports/psb/1999/pdf/role-board.pdf

Australian Banks’ Activities in Derivatives Markets: Products and Risk-Management Practices

5 Feb 2003 Bulletin PDF 480KB
Thebilateral or multilateral netting of contractualpayments due on settlement dates, and ofunrealised losses against unrealised gains inthe event of a counterparty’s default, is animportant means of mitigating credit risk. ... Forms of credit risk
https://www.rba.gov.au/publications/bulletin/1994/sep/pdf/bu-0994-1.pdf

Film RB A/R 98 EDITORIAL

1 Sep 1998 Annual Report PDF 166KB
Passage of the Payment Systems and Netting Act 1998 has underpinned the RTGSsystem. ... netting. Three of the majorAustralian banks have signed letters of intent to join ECHO.
https://www.rba.gov.au/publications/annual-reports/rba/1998/pdf/surveillance.pdf

Australian OTC Derivatives Markets: Insights from the BIS Semiannual Survey

24 Dec 2012 Bulletin PDF 261KB
Reserve Bank of Australia Bulletin December 2012
https://www.rba.gov.au/publications/bulletin/2012/dec/pdf/bu-1212-5.pdf

Payments System Board Annual Report 2010 - The Board's Announcements and Reserve Bank Reports

25 Oct 2010 PSB Annual Report 2010 PDF 334KB
https://www.rba.gov.au/publications/annual-reports/psb/2010/pdf/board-decisions.pdf

Central Counterparty Interoperability

20 Jun 2012 Bulletin PDF 668KB
Reserve Bank of Australia Bulletin June Quarter 2012
https://www.rba.gov.au/publications/bulletin/2012/jun/pdf/bu-0612-7.pdf

Payments System Board Annual Report 2010 - Functions and Objectives of the Payments System Board

25 Oct 2010 PSB Annual Report 2010 PDF 205KB
https://www.rba.gov.au/publications/annual-reports/psb/2010/pdf/functions-payments.pdf

Payments System Board Annual Report 2011 - Functions and Objectives of the Payments System Board

20 Sep 2011 PSB Annual Report 2011 PDF 448KB
https://www.rba.gov.au/publications/annual-reports/psb/2011/pdf/functions-payments.pdf