Search: CLS Bank
RBA Glossary definition for CLS Bank
CLS Bank – CLS Bank is a multi-currency bank, regulated by the Federal Reserve Bank of New York, which uses central bank funds to simultaneously settle cross-currency transactions in real time through a process known as Continuous Linked Settlement (CLS).
RBA Glossary definition for CLS
CLS – Continuous Linked Settlement. A process enabling simultaneous foreign exchange settlement across the globe, eliminating the settlement risk caused by delays arising from time-zone differences.
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Domestic Financial Conditions
5 Nov 2020
SMP
– November 2020
Graph 4.14. The Reserve Bank's package of policy measures has worked to lower banks' funding costs to historically low levels (Graph 4.15). ... The policy measures announced by the Reserve Bank in September and November are expected to further lower
https://www.rba.gov.au/publications/smp/2020/nov/domestic-financial-conditions.html
Domestic Financial Conditions
4 Feb 2022
SMP
– February 2022
Non-bank issuance has been elevated during the pandemic, benefiting from strong demand given low issuance of bonds by banks, which are close substitutes for investors. ... Bank bond spreads to reference rates rose in late 2021, increasing the cost of new
https://www.rba.gov.au/publications/smp/2022/feb/domestic-financial-conditions.html
Domestic Financial Conditions
6 May 2021
SMP
– May 2021
Graph 3.23. The Reserve Bank's policy measures have lowered banks' funding costs to historically low levels (Graph 3.24). ... The increase in bank bond yields in February had little impact on major banks' funding costs as new bond issuance remained
https://www.rba.gov.au/publications/smp/2021/may/domestic-financial-conditions.html
Forecast Archive
7 May 2024
SMP
A number of Boxes on topics of special interest are published in the Statement on Monetary Policy and its forerunners, the Semi-Annual Statement on Monetary Policy and the quarterly reports on the Economy and Financial Markets. These boxes can be
https://www.rba.gov.au/publications/smp/forecasts-archive.html
Domestic Financial Conditions
7 Aug 2020
SMP
– August 2020
Graph 4.6. Graph 4.7. Graph 4.8. Liquidity in the banking system – as measured by banks' exchange settlement (ES) balances held at the Reserve Bank – remains elevated. ... Banks' (non-equity) funding costs have declined further in recent months, as
https://www.rba.gov.au/publications/smp/2020/aug/domestic-financial-conditions.html
Domestic Financial Conditions
9 Aug 2019
SMP
– August 2019
Because this capital represents an additional source of bank funding, this requirement is also likely to reduce the need for banks to issue senior unsecured debt for a time. ... The income and expenses verification process should already be picking up
https://www.rba.gov.au/publications/smp/2019/aug/domestic-financial-conditions.html
Domestic Financial Conditions
4 Feb 2021
SMP
– February 2021
Graph 3.16. The Reserve Bank's policy measures have lowered banks' funding costs to historically low levels (Graph 3.17). ... The additional policy measures announced by the Reserve Bank since late last year are expected to lower banks' funding costs a
https://www.rba.gov.au/publications/smp/2021/feb/domestic-financial-conditions.html
Domestic Financial Conditions
5 Aug 2022
SMP
– August 2022
The low level of bank issuance prior to this was consistent with banks' ready access to alternative funding sources, including the TFF. ... Increases to deposit rates are also putting upward pressure on banks' funding costs.
https://www.rba.gov.au/publications/smp/2022/aug/domestic-financial-conditions.html
Agenda for Reserve Bank of Australia Workshop 2012: Quantitative Macroeconomics
21 Dec 2012
Research Workshop
PDF
756KB
Reserve Bank of Australia Workshop 2012
https://www.rba.gov.au/publications/workshops/research/2012/pdf/agenda-2012-wkshp.pdf
Domestic Financial Conditions
6 Aug 2021
SMP
– August 2021
The low level of bank issuance is consistent with banks' ready access to alternative funding sources, including the TFF. ... Reserve Bank's purchases of government bonds from non-banks (Graph 3.16).
https://www.rba.gov.au/publications/smp/2021/aug/domestic-financial-conditions.html