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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Changes in the Behaviour of Banks and Their Implications for Financial Aggregates
19 Nov 2012
RDP
PDF
932KB
These restrictions effectively barred access to wholesale deposits. Even more importantly, savings banks were restricted in setting deposit rates by the continued regulation of the housing loan rate. ... 1970. March. April. Savings bank deposit rates
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8904.pdf
Read me file for A Density-based Estimator of Core/Periphery Network Structures: Analysing the Australian Interbank Market
7 Feb 2018
RDP
PDF
300KB
RDP 2018-01 supplementary information
https://www.rba.gov.au/publications/rdp/2018/2018-01/rdp-2018-01-read-me.pdf
International Interest Rate Linkages and Monetary Policy: The Case of Australia
19 Nov 2012
RDP
PDF
1014KB
market operations have led to a rise in overnight rates in the. ... where Rt is the long-term bond rate, p are rates of change of.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8812.pdf
The Consequences of Low Interest Rates for the Australian Banking Sector
19 Dec 2022
RDP
PDF
1588KB
others typically pay some spread above the cash rate (or expected future cash rates). ... evidence. In jurisdictions with a negative policy rate, retail deposit interest rates remained close to.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-08.pdf
Macrofinancial Stress Testing on Australian Banks
13 Sep 2023
RDP
PDF
1940KB
to be invariant to fiscal policy, the level of the cash rate and exchange rates, which are therefore. ... a tight relationship between the unemployment rate and credit card loss rates during stress events.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-03.pdf
Australian Financial Market Volatility: An Exploration of Cross-country and Cross-market Linkages
1 Dec 2009
RDP
PDF
776KB
Table 3: Exchange Rate Volatility (Feb 1987-Feb 1996)Daily percentage changes. USD/AUDexchange. ... volatility, but the USD/AUD was also distinctlymore subdued than the other bilateral rates.
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9609.pdf
Read me file for Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication? Yes and No!
3 May 2023
RDP
PDF
247KB
RDP 2023-04 supplementary information
https://www.rba.gov.au/publications/rdp/2023/2023-04/rdp-2023-04-read-me.pdf
The Link between the Cash Rate and Market Interest Rates
1 Dec 2009
RDP
PDF
179KB
The remainder of this paper analyses the relationship between the cash rate andmarket interest rates. ... When movements in thecash rate are expected, the short-term money-market rates reflect theseexpectations.
https://www.rba.gov.au/publications/rdp/1995/pdf/rdp9504.pdf
The Yield and Market Function Effects of the Reserve Bank of Australia’s Bond Purchases
19 May 2022
RDP
PDF
1938KB
AGS yields to term-matched overnight indexed swap (OIS) rates.10 The cash rate target was reduced. ... the expected average overnight cash rate over the term of the OIS contract.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-02.pdf
The Implementation of Monetary Policy in Australia
1 Dec 2009
RDP
PDF
190KB
4.1 Volatility in the Overnight Interest Rate 19. 4.2 Influence on Other Short-term Interest Rates 22. ... level. The fact that banks earn a rate of return on theirsettlement balances which is only a small margin below the overnight rate meansthat
https://www.rba.gov.au/publications/rdp/1997/pdf/rdp9703.pdf