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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Topic: Australian Economy
11 Sep 2018
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/australian-economy/
Recent Developments in the Cash Market
13 Jun 2023
Bulletin
- June 2023
PDF
815KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/recent-developments-in-the-cash-market.pdf
Bulletin September Quarter 2020
9 Jun 2021
Bulletin
- September 2020
PDF
5941KB
https://www.rba.gov.au/publications/bulletin/2020/sep/pdf/bulletin-2020-09.pdf
Developments in the Australian Repo Market
15 Sep 2016
Bulletin
– September 2016
The market for repurchase agreements (repos) – where cash is borrowed and lent using securities as collateral – plays an important role in the implementation of monetary policy and as a source of finance for the bond market. The Reserve Bank has
https://www.rba.gov.au/publications/bulletin/2016/sep/5.html
Domestic Financial Conditions
10 Aug 2018
SMP
– August 2018
In contrast, conditions in the overnight interbank markets have remained little changed and the cash rate has continued to trade at the Board's target. ... Table 3.2 Intermediaries' Fixed and Variable Lending Rates. Interest rate. Change since August 2017
https://www.rba.gov.au/publications/smp/2018/aug/domestic-financial-conditions.html
Recent Developments in the Cash Market
15 Jun 2023
Bulletin
– June 2023
Following the implementation of unconventional monetary policy measures during the COVID-19 pandemic, liquidity in the banking system rose significantly.
https://www.rba.gov.au/publications/bulletin/2023/jun/recent-developments-in-the-cash-market.html
The Rise of Chinese Money Market Funds
16 Mar 2017
Bulletin
– March 2017
Money market funds (MMFs) pool funds in an investment vehicle to invest in short-term, highly rated securities. The MMF sector in China has grown rapidly over the past few years and is now the world's second largest by assets, though it is small
https://www.rba.gov.au/publications/bulletin/2017/mar/9.html
Domestic Financial Conditions
6 Nov 2020
SMP
- November 2020
PDF
761KB
https://www.rba.gov.au/publications/smp/2020/nov/pdf/04-domestic-financial-conditions.pdf
The International Environment
30 Nov 2021
SMP
- November 2021
PDF
2350KB
https://www.rba.gov.au/publications/smp/2021/nov/pdf/01-the-international-environment.pdf
Statement on Monetary Policy
30 Nov 2021
SMP
- November 2021
PDF
6102KB
https://www.rba.gov.au/publications/smp/2021/nov/pdf/statement-on-monetary-policy-2021-11.pdf