Search: Cash Rate
RBA Glossary definition for Cash Rate
Cash Rate – The interest rate which banks pay to borrow funds from other banks in the money market on an overnight basis. The cash rate is the Reserve Bank of Australia's operational target for the implementation of monetary policy. It is also an important financial benchmark in the Australian financial markets. It is used as the reference rate for Australian dollar Overnight Indexed Swaps (OIS) and the ASX 30 Day Interbank Cash Rate Futures. The Reserve Bank of Australia is the administrator of the cash rate. The cash rate is calculated as the weighted average interest rate on overnight unsecured loans between banks settled in the Reserve Bank Information and Transfer System (RITS). The Cash Rate is also known by the acronym AONIA in financial markets.
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Research Workshop – 2016
20 Dec 2016
Research Workshop
The Reserve Bank of Australia 2016 research workshop, 'Quantitative Macroeconomics'
https://www.rba.gov.au/publications/workshops/research/2016/
A Model of the Consumption Response to Fiscal Stimulus Payments
12 Dec 2011
Research Workshop
PDF
2654KB
Reserve Bank of Australia Workshop 2011
https://www.rba.gov.au/publications/workshops/research/2011/pdf/kaplan.pdf
The Evolution of Financial Deregulation | Conference – 1991
21 Jun 1991
Conferences
meant that even with the interest differential between market rates and the SRD rate rising, the implicit tax of SRD holdings did not increase);. ... The proximate operating objective became the cash rate, and the link between this and commercial rates
https://www.rba.gov.au/publications/confs/1991/grenville.html
Internationalisation and the Macroeconomy | Conference – 1994
11 Jul 1994
Conferences
3.24). 15.20. (1.91). 9.75. (1.11). Real cash rate. (b). 0.027. {0.00}. ... b) The mean coefficient is reported for the real cash rate, the Southern Oscillation Index, the terms of trade and the real TWI to summarise the coefficients on these variables.
https://www.rba.gov.au/publications/confs/1994/gruen-shuetrim.html
The Evolving Structure of the Australian Financial System
7 Dec 2006
Conferences
PDF
118KB
RBA Conference Volume 1996
https://www.rba.gov.au/publications/confs/1996/pdf/edey-gray.pdf
Discussion on Setting Monetary Policy in East Asia: Goals, Developments and Institutions | Conference – 2001
24 Jul 2001
Conferences
Thus, the interest-rate volatility measure might be more illuminating if it made use of a long interest rate rather than a cash rate. ... On exchange-rate regimes, it was argued that the forces that pushed countries towards floating exchange rates –
https://www.rba.gov.au/publications/confs/2001/mccauley-disc.html
Regulatory Competition and the “Generic” Financial-Services Firm | Conference – 1991
21 Jun 1991
Conferences
This compensation can be either explicit or implicit. Explicit interest accrues in funds and is calculated straightforwardly on a cash-over-cash basis. ... Implicit interest accrues in the form of non-cash services such as transactions execution, lending
https://www.rba.gov.au/publications/confs/1991/kane.html
Financial System Liquidity, Asset Prices and Monetary Policy
27 Nov 2006
Conferences
PDF
279KB
RBA Conference Volume 2005
https://www.rba.gov.au/publications/confs/2005/pdf/shin.pdf
The Evolution of Monetary Policy: From Money Targets to Inflation Targets
7 Dec 2006
Conferences
PDF
533KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/grenville.pdf
Financial System Liquidity, Asset Prices and Monetary Policy | Conference – 2005
11 Jul 2005
Conferences
i. of cash, and holds v(e. i. s. i. ) worth of property. ... The orthodox view of monetary policy is that, although the central bank generally directly controls only the overnight interest rate, it can nevertheless manipulate long-term interest rates
https://www.rba.gov.au/publications/confs/2005/shin.html