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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Fiscal, Monetary and Macroprudential Regimes: Incentives-Values Compatibility in Constitutional Democracies
28 Dec 2022
Conferences
PDF
375KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-tucker.pdf
Central Clearing of Over-the-counter (OTC) Derivatives in Australia - June 2011
15 Jul 2011
Consultations
PDF
875KB
A discussion paper issued by the Council of Financial Regulators
https://www.rba.gov.au/publications/consultations/201106-otc-derivatives/pdf/201106-otc-derivatives.pdf
Bank Deregulation in Australia: Choice and Diversity, Gainers and Losers | Conference – 1991
21 Jun 1991
Conferences
These rates were generally higher than they needed to be because of the impact of interest rate ceilings in controlled segments of the market. ... Moreover, interest rates and the exchange rate moved relatively infrequently and only in response to
https://www.rba.gov.au/publications/confs/1991/harper.html
Capital Account Liberalisation and China's Effect on Global Capital Flows | Conference – 2016
18 Mar 2016
Conferences
Also in early 2016, access to the interbank bond market was expanded for international investors (PBC 2016). ... 中国人民银行进一步放开境外机构投资者投资银行间债券市场’ (The People's Bank of China Further Opens the Interbank
https://www.rba.gov.au/publications/confs/2016/schipke.html
Evaluating Simple Monetary-policy Rules for Australia | Conference – 1997
21 Jul 1997
Conferences
A number of simple interest-rate feedback rules have been proposed to assist in setting the overnight interest rate. ... The appreciation of the nominal exchange rate induced by higher local interest rates also directly lowers inflation by reducing the
https://www.rba.gov.au/publications/confs/1997/de-brouwer-oregan.html
The Transmission of Monetary Policy through Banks' Balance Sheets | Conference – 2018
12 Apr 2018
Conferences
risk that future short-term interest rates will not turn out as expected (interest rate risk). ... The effect of the cash rate on provisioning rates may diminish at low interest rates.
https://www.rba.gov.au/publications/confs/2018/brassil-cheshire-muscatello.html
Competition: Profitability and Margins | Conference – 1991
21 Jun 1991
Conferences
Banks have responded on two fronts. They have argued that interest rate margins in 1989 (when cash rates got to 18 per cent while mortgage rates were 17 per cent) were ... rates. The deregulation which probably had the greatest impact on the aggregate
https://www.rba.gov.au/publications/confs/1991/phelps.html
Is Monetary Policy Less Effective When Interest Rates Are Persistently Low? | Conference – 2017
16 Mar 2017
Conferences
This is because banks are reluctant to reduce deposit rates below zero, even when the policy rate crosses that barrier. ... The overall picture is that the measures have been effective in easing monetary conditions by lowering interbank rates, bond
https://www.rba.gov.au/publications/confs/2017/borio-hofmann.html
Regulatory Policy Issues in Australia | Conference – 1996
9 Jul 1996
Conferences
Introduction of real-time gross settlement for high-value interbank payments from 1997 will reduce the risk of instability flowing through the payments system.
https://www.rba.gov.au/publications/confs/1996/thompson.html
Reforming the International Financial Architecture: Limiting Moral Hazard and Containing Real Hazard | Conference – 1999
9 Aug 1999
Conferences
Gross private capital flows (which exclude foreign direct investment and non-syndicated interbank lending) rise to an exceptionally sharp peak in the summer of 1997, reaching an annualised rate of US$400 ... Concerning the international interbank flows,
https://www.rba.gov.au/publications/confs/1999/mussa.html