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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Box D: Interbank Reference Rates
10 Aug 2012
SMP
– August 2012
Many financial contracts, including those governing derivatives and debt securities, reference interbank interest rates. ... In contrast, overnight reference rates are usually compiled by the central bank as a weighted average of rates transacted within
https://www.rba.gov.au/publications/smp/2012/aug/box-d.html
Box D: Interbank Reference Rates
9 Aug 2012
SMP
– August 2012
PDF
87KB
https://www.rba.gov.au/publications/smp/2012/aug/pdf/box-d.pdf
Operations in Financial Markets
24 Oct 2016
RBA Annual Report
– 2016
The cash rate is also a significant financial benchmark referenced in overnight indexed swaps and the ASX's 30-day interbank futures contract. ... Prior to May 2016, the Bank received submissions each day from ESA holders on their gross unsecured
https://www.rba.gov.au/publications/annual-reports/rba/2016/operations-in-financial-markets.html
3.3 Risk Management
19 Oct 2023
RBA Annual Report
– October 2023
Risk Management | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/risk-management.html
Notes to and Forming Part of the Financial Statements
19 Oct 2023
RBA Annual Report
– October 2023
Interest rate risk is the exposure of the defined benefit obligations to adverse movements in interest rates. ... A decrease in interest rates will increase the present value of these obligations.
https://www.rba.gov.au/publications/annual-reports/rba/2023/financial-statements/notes.html
2.2 Operations in Financial Markets
19 Oct 2023
RBA Annual Report
– October 2023
Operations in Financial Markets | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/operations-in-financial-markets.html
Risk Management
27 Oct 2022
RBA Annual Report
– October 2022
Interest paid on ES account balances, as well as deposits held by the Australian Government and its agencies, is based on an overnight rate that reflects the Banks monetary policy settings. ... Historically, this interest cost has been broadly offset by
https://www.rba.gov.au/publications/annual-reports/rba/2022/risk-management.html
Notes to and Forming Part of the Financials Statements
27 Oct 2022
RBA Annual Report
– October 2022
Interest rate risk. is the exposure of the defined benefit obligations to adverse movements in interest rates. ... A decrease in interest rates will increase the present value of these obligations.
https://www.rba.gov.au/publications/annual-reports/rba/2022/financial-statements/notes.html
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
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