Search: liquidity management
RBA Glossary definition for liquidity
liquidity – The capacity to sell an asset quickly without significantly affecting the price of that asset. Liquidity is also sometimes used to refer to assets that are highly liquid.
RBA Glossary definition for liquidity management
liquidity management – Activities within a financial institution to ensure that holdings of liquid assets (e.g. cash, bank deposits and other financial assets) are sufficient to meet its obligations as they fall due, including unexpected transactions.
Search Results
The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases
24 May 2022
RDP
2022-02
outside of periods of market dysfunction, liquidity premia are typically low in the AGS market). ... Overall, we tend to find larger effects when one would expect liquidity premia to be relatively high.
https://www.rba.gov.au/publications/rdp/2022/2022-02/full.html
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Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
1 Sep 2019
RDP
2019-09
Major banks were important providers of liquidity in money markets prior to the financial crisis. ... The return enhancement offered by the persistently wide basis is regularly utilised by the Reserve Bank in its liquidity management operations (RBA 2018)
https://www.rba.gov.au/publications/rdp/2019/2019-09/full.html
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Submission to the Financial System Inquiry March 2014
10 Nov 2017
Submissions
PDF
3041KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/pdf/financial-system-inquiry-2014-03.pdf
Demand in the Repo Market: Indirect Perspectives from Open Market Operations from 2006 to 2020
15 May 2024
RDP
2024-03
Preferred terms are associated with those maturity dates that coincide with the liquidity management task undertaken by the central bank. ... Becker C and S Woon (2019), ‘A Case Study of Liquidity Management on 3 August 2016’, RBA website, Teacher
https://www.rba.gov.au/publications/rdp/2024/2024-03/full.html
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Sources and Management of Systemic Risk | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
Submission to the Financial System Inquiry 4. Sources and Management of Systemic Risk. ... These inherent functions of banks mean they are exposed to liquidity shocks, such as funding market disruptions.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/sources-and-management-of-systemic-risk.html
The Role of Collateral in Borrowing
20 Jan 2021
RDP
2021-01
al 2017), and wholesale liquidity markets played a central role during this period. ... A positive relationship indicates that banks are spreading their fluctuating liquidity needs across both markets.
https://www.rba.gov.au/publications/rdp/2021/2021-01/full.html
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Credit Spreads, Monetary Policy and the Price Puzzle
1 Jan 2020
RDP
2020-01
Accordingly, the Board may follow a risk management approach in which it weighs both ‘hard’, quantitative information that enters the Bank's central forecasts with ‘soft’, qualitative advice on the risks ... As a result, risk premia on money and
https://www.rba.gov.au/publications/rdp/2020/2020-01/full.html
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Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
12 Sep 2019
RDP
PDF
1464KB
The return enhancement offered by the. persistently wide basis is regularly utilised by the Reserve Bank in its liquidity management operations (RBA 2018). ... Major banks were important providers of liquidity in money markets prior to the financial
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-09.pdf
Capital Structure: Theory and Evidence
1 Dec 1993
RDP
9313
Jensen suggests that managers have an incentive to waste funds in this way because management remunerations are positively correlated with firm size. ... However, transaction costs, flexibility, liquidity constraints and ownership dilution considerations
https://www.rba.gov.au/publications/rdp/1993/9313/capital-structure-theory-evidence.html
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Central Counterparty Loss Allocation and Transmission of Financial Stress
18 Mar 2015
RDP
2015-02
The reforms aim to reduce interconnectedness and improve counterparty risk management in these important markets. ... Following Heath, Kelly and Manning (2013), the paper examines liquidity and solvency risk under alternative clearing configurations, but
https://www.rba.gov.au/publications/rdp/2015/2015-02.html
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