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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Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions
29 Dec 2022
RDP
PDF
1886KB
The domestic block includes the interbank. overnight cash rate ( tCASH ), real GDP ( tGDP ), trimmed mean CPI ( tCPI ) and the nominal trade-. ... zero-coupon forward rates) to further purge the cash rate of variation that is anticipated by financial.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-09.pdf
The Role of Collateral in Borrowing
20 Jan 2021
RDP
2021-01
Heightened demand for high-quality collateral is evident from the interest rate differential on collateralised loans across collateral types – rates for first-best collateral fall market-wide by over 100 basis ... In the unsecured market, the overnight
https://www.rba.gov.au/publications/rdp/2021/2021-01/full.html
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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
Box D: Bank Bill Swap Benchmark Rates
10 Nov 2013
SMP
– November 2013
Findings by the authorities in the United Kingdom, the United States and elsewhere that certain interbank reference rates had been subject to attempted manipulation have prompted reference rate administrators and ... These rates, along with the overnight
https://www.rba.gov.au/publications/smp/2013/nov/box-d.html
2.3 Banking and Payment Services
19 Oct 2023
RBA Annual Report
– October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html
Operations in Financial Markets
27 Oct 2022
RBA Annual Report
– October 2022
Accordingly, in March 2022 the hurdle rate was changed to be based on term-matched overnight indexed swap rates plus a spread. ... The Reserve Bank is the administrator of the cash rate, which is a significant financial benchmark referenced in overnight
https://www.rba.gov.au/publications/annual-reports/rba/2022/operations-in-financial-markets.html
Appendix B: Data
3 Jan 2023
RDP
2022-09
Variable. Details. Source. Cash rate. Interbank overnight cash rate, %, quarterly average. ... After the September quarter 2001, the risk-free rate is the 3-month Australian dollar overnight indexed swap (OIS) rate.
https://www.rba.gov.au/publications/rdp/2022/2022-09/appendix-b.html
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Reserve Bank of Australia Annual Report 2023
1 May 2024
RBA Annual Report
- 2023
PDF
304KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/risk-management.pdf
The Domestic Market for Short-term Debt Securities
10 Sep 2011
Bulletin
– September 2011
As noted above, that function is performed by interbank rates (namely, BBSW), as it is in most overseas markets. ... In the Australian market, overnight indexed swaps (OIS) are swaps referenced to the cash rate – the rate on unsecured loans in the
https://www.rba.gov.au/publications/bulletin/2011/sep/5.html
A Density-based Estimator of Core/Periphery Network Structures: Analysing the Australian Interbank Market
5 Feb 2018
RDP
PDF
1627KB
literature. We then use our density-based estimator to analyse the Australian overnight interbank market,. ... The Interbank Overnight Cash Market 3. 3. The Network Structure of the IBOC Market 4.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-01.pdf