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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Operations in Financial Markets
9 Aug 2023
RBA Annual Report
- 2022
PDF
764KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/operations-in-financial-markets.pdf
4. Financial Market Infrastructures
21 Oct 2021
PSB Annual Report
– 2021
Regulators globally have determined that the London interbank offered rate (LIBOR) benchmark cannot be relied on beyond 2021 given its notable deficiencies. ... Markets need to transition to more robust and reliable market-determined interest rate
https://www.rba.gov.au/publications/annual-reports/psb/2021/financial-market-infrastructures.html
Operations in Financial Markets
17 Oct 2019
RBA Annual Report
– 2019
The Reserve Bank Board's operational target for monetary policy is the cash rate – the rate at which banks borrow and lend to each other on an overnight, unsecured basis. ... The cash rate is also a significant financial benchmark referenced in
https://www.rba.gov.au/publications/annual-reports/rba/2019/operations-in-financial-markets.html
Abbreviations
17 Oct 2019
PSB Annual Report
– 2019
IoT. Internet of things. IRD. Interest rate derivatives. LCH Ltd. LCH Limited. ... OG. Oversight Group. OIS. Overnight index swaps. OTC. Over-the-counter. PEXA. Property Exchange Australia Limited.
https://www.rba.gov.au/publications/annual-reports/psb/2019/abbreviations.html
Same Spain, Less Pain?
17 Jan 2017
Research Workshop
PDF
1230KB
https://www.rba.gov.au/publications/workshops/research/2016/pdf/rba-workshop-2016-gomez-gonzales.pdf
Banking and Payment Services
9 Aug 2023
RBA Annual Report
- 2022
PDF
351KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/banking-and-payment-services.pdf
International spill-overs of uncertainty shocks: Evidence from a FAVAR
12 Dec 2013
Research Workshop
PDF
389KB
Reserve Bank of Australia Workshop 2013
https://www.rba.gov.au/publications/workshops/research/2013/pdf/kamber-karagedikli-ryan-vehbi.pdf
Operations in Financial Markets
25 Sep 2017
RBA Annual Report
– 2017
The Reserve Bank Board's operational target for monetary policy is the cash rate – the rate at which banks borrow and lend to each other on an overnight, unsecured basis. ... The cash rate is a significant financial benchmark referenced in overnight
https://www.rba.gov.au/publications/annual-reports/rba/2017/operations-in-financial-markets.html
Operations in Financial Markets
20 Sep 2018
RBA Annual Report
– 2018
The Reserve Bank Board's operational target for monetary policy is the cash rate – the rate at which banks borrow and lend to each other on an overnight, unsecured basis. ... The cash rate is also a significant financial benchmark referenced in
https://www.rba.gov.au/publications/annual-reports/rba/2018/operations-in-financial-markets.html
Operations in Financial Markets
12 Sep 2014
RBA Annual Report
– 2014
To assess whether the target has been achieved, the Reserve Bank collects data from ES account holders on their unsecured borrowing and lending in the overnight interbank market. ... Prior to this change, the Bank had still been capturing around 85 per
https://www.rba.gov.au/publications/annual-reports/rba/2014/ops-fin-mkts.html