Search: bank accepted bill of exchange
RBA Glossary definition for bank accepted bill of exchange
bank accepted bill of exchange – A bank accepted bill of exchange is a bill of exchange that lists a bank as the acceptor of the bill. As an acceptor, a bank has a liability to pay the holder the face value of the bill at maturity. In certain circumstances, the liability is contingent on the borrower, or drawer, defaulting.
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Liquidity and Funding Markets
6 Jan 2014
Conferences
PDF
4842KB
RBA Conference Volume 2013
https://www.rba.gov.au/publications/confs/2013/pdf/conf-vol-2013.pdf
Changes in the Behaviour of Banks and Their Implications for Financial Aggregates | Conference – 1989
20 Jun 1989
Conferences
Both these incentives are borne out by the data for recent years which, up to late 1988, showed extremely rapid growth in bank bills on issue and increased funding by banks ... foreign currency deposits, bank bills, and capital). The major factor behind
https://www.rba.gov.au/publications/confs/1989/battellino-mcmillan.html
The Australian Financial System in the 1990s
24 Nov 2006
Conferences
PDF
101KB
RBA Conference Volume 2000
https://www.rba.gov.au/publications/confs/2000/pdf/gizycki-lowe.pdf
A Perspective | Conference – 1993
12 Jul 1993
Conferences
It was argued that it was often the case that central banks get caught defending inappropriate exchange rates and incur huge losses for the taxpayer. ... It was generally accepted that changes in the real exchange rate do, in fact, change the trade
https://www.rba.gov.au/publications/confs/1993/pagan.html
The Debate on Alternatives for Monetary Policy in Australia | Conference – 1997
21 Jul 1997
Conferences
exchange-rate or commodity standards; and. laissez-faire approaches to the monetary standard. ... In principle, such a system could be operated either by a central bank or, as discussed below, by competing private banks subject to the convertibility
https://www.rba.gov.au/publications/confs/1997/edey.html
Inflation and Disinflation in Australia: 1950–91 | Conference – 1992
31 Dec 1950
Conferences
their bank deposit) with a corresponding asset held by the central bank in terms of foreign exchange. ... The Commonwealth Bank (at that time the central bank) issued directives about credit growth to the banks, and made very large calls to ‘special
https://www.rba.gov.au/publications/confs/1992/stevens.html
Capital Flows and the International Financial System
7 Dec 2006
Conferences
PDF
759KB
RBA Conference Volume 1999
https://www.rba.gov.au/publications/confs/1999/pdf/conf-vol-1999.pdf
A Perspective
12 Feb 2007
Conferences
PDF
30KB
RBA Conference Volume 1993
https://www.rba.gov.au/publications/confs/1993/pdf/pagan.pdf
The Impact of Hedge Funds on Financial Markets: Lessons from the Experience of Australia | Conference – 1999
9 Aug 1999
Conferences
ID is the differential in interest rates on 3-month bank bills/bankers acceptances (in levels). ... balance sheet funding by banks, non-bank lending and possibly more detail on the currency and maturity profile of loans.
https://www.rba.gov.au/publications/confs/1999/rankin.html
The Cost of Inflation in Australia | Conference – 1992
10 Jul 1992
Conferences
One reason for this is the apparent difficulty economists have had in quantifying the costs of inflation within a broadly accepted framework. ... uncertainty. In Section 4 we consider the effects of inflation on interest rates and exchange rates.
https://www.rba.gov.au/publications/confs/1992/mctaggart.html