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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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Film RB A/R 98 EDITORIAL

1 Sep 1998 Annual Report PDF 269KB
For this reason, late in June the Reserve Bank began collectingdirectly from banks data on the average daily interest rate paid or received onovernight funds in the interbank money market. ... Fridays). A bank which isshort of ES funds at the end of this
https://www.rba.gov.au/publications/annual-reports/rba/1998/pdf/oper-fin-mkts.pdf

Reserve Bank of Australia Annual Report 2018 - Operations in Financial Markets

10 Feb 2020 RBA Annual Report 2018 PDF 1303KB
https://www.rba.gov.au/publications/annual-reports/rba/2018/pdf/operations-in-financial-markets.pdf

Reserve Bank of Australia Annual Report 2017 - Financial Statements

12 Sep 2017 RBA Annual Report 2017 PDF 1967KB
https://www.rba.gov.au/publications/annual-reports/rba/2017/pdf/financial-statements.pdf

RBA Annual Report - Operations in Financial Markets

3 Sep 2003 Annual Report PDF 324KB
interest rate paid by banks on unsecured overnight. loans. The target is determined by the Reserve Bank. ... the exchange rate, they are undertaken in ways. designed to minimise such effects.
https://www.rba.gov.au/publications/annual-reports/rba/2003/pdf/oper-fin-mkts.pdf

Reserve Bank of Australia Annual Report 2019 - Operations in Financial Markets

10 Feb 2020 RBA Annual Report 2019 PDF 1143KB
https://www.rba.gov.au/publications/annual-reports/rba/2019/pdf/operations-in-financial-markets.pdf

Reserve Bank of Australia Annual Report 2015 - Operations in Financial Markets

22 Oct 2015 RBA Annual Report 2015 PDF 318KB
https://www.rba.gov.au/publications/annual-reports/rba/2015/pdf/operations-in-financial-markets.pdf

Reserve Bank of Australia Annual Report 2019 - Financial Statements

14 Oct 2019 RBA Annual Report 2019 PDF 790KB
https://www.rba.gov.au/publications/annual-reports/rba/2019/pdf/financial-statements.pdf

Reserve Bank of Australia Annual Report 2015 - Financial Statements

22 Oct 2015 RBA Annual Report 2015 PDF 753KB
https://www.rba.gov.au/publications/annual-reports/rba/2015/pdf/financial-statements.pdf

Reserve Bank of Australia Annual Report 2018 - Financial Statements

19 Sep 2018 RBA Annual Report 2018 PDF 769KB
https://www.rba.gov.au/publications/annual-reports/rba/2018/pdf/financial-statements.pdf

Payments System Board Annual Report 2020 - Trends in Payments, Clearing and Settlement Systems

14 Oct 2020 PSB Annual Report 2020 PDF 2471KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/trends-in-payments-clearing-and-settlement-systems.pdf