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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Measuring Global Interest Rate Comovements with Implications for Monetary Policy Interdependence
29 Dec 2022
Conferences
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495KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-fry-mckibbin-mckinnon-martin.pdf
On the Economics of Committed Liquidity Facilities
19 Dec 2013
Conferences
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823KB
RBA Conference Volume 2013
https://www.rba.gov.au/publications/confs/2013/pdf/bech-keister.pdf
The Unfolding Turmoil of 2007–2008: Lessons and Responses | Conference – 2008
20 Aug 2007
Conferences
Two types of interest rate spreads are especially helpful in tracking events as they have unfolded: the spreads of 3-month London Interbank Offered Rate (LIBOR) over the overnight index swap ... The former is a good indicator of liquidity in interbank
https://www.rba.gov.au/publications/confs/2008/cohen-remolona.html
Lessons from the Financial Turmoil of 2007 and 2008: Proceedings of a Conference
24 Oct 2008
Conferences
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1049KB
RBA Conference Volume 2008
https://www.rba.gov.au/publications/confs/2008/pdf/conf-vol-2008.pdf
Liquidity, Financial Crises and the Lender of Last Resort – How Much of a Departure is the Sub-prime Crisis?
22 Oct 2008
Conferences
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148KB
RBA Conference Volume 2008
https://www.rba.gov.au/publications/confs/2008/pdf/davis.pdf
The Australian Financial System in the 2000s: Dodging the Bullet | Conference – 2011
24 Jul 2000
Conferences
As Figure 2 also demonstrates, longer-term rates did not respond to the hikes in the cash rate, while Figure 3 illustrates how risk premia in business and corporate funding rates ... Thereafter, however, the spread remained relatively stable (at 180
https://www.rba.gov.au/publications/confs/2011/davis.html
The Australian Financial System in the 1990s | Conference – 2000
21 Jun 1990
Conferences
Change in rate of return on equity. 5.75. 0.04. Accounted for by change in:. ... When interest rates fell in 1990 and 1991, many of the fixed-rate loans made by these programs were refinanced causing the holders of the bonds to incur significant losses.
https://www.rba.gov.au/publications/confs/2000/gizycki-lowe.html
Central Bank Frameworks: Evolution or Revolution?
4 Jan 2023
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7522KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018.pdf
Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting? | Conference – 2004
9 Aug 2004
Conferences
The target interbank rate was lowered immediately to 0.15 per cent, and would be reduced to zero, as conditions warranted. ... However, by targeting an amount beyond required reserves (about 4 trillion yen), it effectively meant that the interbank rate
https://www.rba.gov.au/publications/confs/2004/ito.html
Discussion on Recent Developments in Federal Reserve System Liquidity and Reserve Operations | Conference – 2008
14 Jul 2008
Conferences
Essentially, the Fed supplies a level of reserves to achieve the overnight Fed funds target rate, the first step in the transmission of monetary policy. ... reinforce its target overnight rate.
https://www.rba.gov.au/publications/confs/2008/hilton-disc.html