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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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Bulletin June Quarter 2022

26 Sep 2022 Bulletin - June 2022 PDF 9310KB
https://www.rba.gov.au/publications/bulletin/2022/jun/pdf/bulletin-2022-06.pdf

(un)conventional Policy and the Zero Lower Bound

13 Dec 2012 Research Workshop PDF 276KB
Reserve Bank of Australia Workshop 2012
https://www.rba.gov.au/publications/workshops/research/2012/pdf/defiori-tristani.pdf

The Domestic Market for Short-term Debt Securities

14 Sep 2011 Bulletin PDF 294KB
Reserve Bank of Australia Bulletin September 2011
https://www.rba.gov.au/publications/bulletin/2011/sep/pdf/bu-0911-5.pdf

Fallbacks for BBSW Securities

26 Sep 2022 Bulletin - June 2022 PDF 578KB
https://www.rba.gov.au/publications/bulletin/2022/jun/pdf/fallbacks-for-bbsw-securities.pdf

Bulletin June Quarter 2023

29 Sep 2023 Bulletin - June 2023 PDF 7089KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/bulletin-2023-06.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

Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound

24 Nov 2009 Research Workshop PDF 338KB
Reserve Bank of Australia Research Workshop 2009
https://www.rba.gov.au/publications/workshops/research/2009/pdf/nelson.pdf

An International Perspective on Monetary Policy Implementation Systems

26 Sep 2022 Bulletin - June 2022 PDF 649KB
https://www.rba.gov.au/publications/bulletin/2022/jun/pdf/an-international-perspective-on-monetary-policy-implementation-systems.pdf

Recent Developments in the Cash Market

13 Jun 2023 Bulletin - June 2023 PDF 815KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/recent-developments-in-the-cash-market.pdf

Extracting Information from Financial Market Instruments

20 Apr 2012 Bulletin PDF 499KB
Reserve Bank of Australia Bulletin March Quarter 2012
https://www.rba.gov.au/publications/bulletin/2012/mar/pdf/bu-0312-6.pdf