Search: bill rate
RBA Glossary definition for bill rate
bill rate – The bill rate is the effective yield to maturity earned by the holder of a bill. The yield is usually expressed as a per annum rate.
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What Moves Yields in Australia?
1 Dec 2009
RDP
PDF
285KB
market, with the bill yield moving above the policy rate sometime before the first (and each subsequent) tightening (Figure 2). ... Once the bill yield eventuallyreturned to the target cash rate, however, it oscillated around this level for the nextyear
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9808.pdf
Financial Conditions and Downside Risk to Economic Activity in Australia
17 Mar 2021
RDP
PDF
1966KB
asset prices, credit, money, interest rates and the exchange rate. Subsequently, many policy. ... unemployment rate which is, as expected, positive). However, among the other measures of.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-03.pdf
Why Does the Australian Dollar Move so Closely with the Terms of Trade?
1 Dec 2009
RDP
PDF
203KB
Note: The figure shows the terms of trade for goods and services and the 22 country trade-weighted Australianreal exchange rate derived using CPIs to deflate nominal exchange rates. ... 3. Modelling the Real Exchange Rate. We construct a measure of
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9601.pdf
Do Financial Aggregates Lead Activity?: A Preliminary Analysis
19 Nov 2012
RDP
PDF
694KB
2. Credit is defined as lending by financial intermediaries plus bank bills outstanding. ... Strictly speaking, the most general of statistical tests would include the exchange rate as well as interest rates and financial aggregates.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8803.pdf
VAR Forecasting Models of the Australian Economy: A Preliminary Analysis
19 Nov 2012
RDP
PDF
785KB
comparison. Bill Rate - 90 day bank accepted bill yield on annual basis, mid-month,. ... FIGURE 14 90 DAY BILL RATE. Jun-86 Sep-86 Dec-86 Mar-87 Jun-87 0---------,-------T-------r--------.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8802.pdf
Loan Rate Stickiness: Theory and Evidence
31 Jan 2006
RDP
PDF
819KB
Nevertheless, there are observable interest rates which provide satisfactory proxies. These are the bank bill rate and the certificate of deposit rate (CD rate). ... This measure is a weighted average of the interest rates paid on fixed deposits over
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9206.pdf
Anticipatory Monetary Policy and the ‘Price Puzzle’
18 May 2017
RDP
PDF
2157KB
In these specifications, we calculate policy ‘surprises’ using the daily changes in the bank bill interest rate around the policy announcements. ... We consider measures based on both the 1-month (Approach 10) and 3-month (Approach 11) bank bill
https://www.rba.gov.au/publications/rdp/2017/pdf/rdp2017-02.pdf
Trends in the Funding and Lending Behaviour of Australian Banks
2 Feb 2015
RDP
PDF
1090KB
24. Figure 9: Funding Costs and Variable Lending Rates Spread to cash rate. ... Despite this, indicator lending rates remain strongly anchored to changes in the cash rate (Figure 10).
https://www.rba.gov.au/publications/rdp/2013/pdf/rdp2013-15.pdf
Consumer Payment Behaviour in Australia: Evidence from the 2019 Consumer Payments Survey
9 Sep 2020
RDP
PDF
1619KB
This high rate of acceptance is likely to partly reflect reductions in merchant acceptance fees over. ... b) Excludes transport card payments (see Section 8.3). (c) Excludes bill payments that are automatically withdrawn from a bank account (see Section 6
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-06.pdf
Review of Card Surcharging: A Consultation Document - June 2011
31 Jan 2012
Consultations
PDF
596KB
Payments System Board Consultation on Card Surcharging
https://www.rba.gov.au/publications/consultations/201106-review-card-surcharging/pdf/201106-review-card-surcharging.pdf