Search: Close-out netting
RBA Glossary definition for Close-out netting
Close-out netting – An arrangement to settle all contracted but not yet due liabilities to, and claims on, an institution by a single payment, immediately upon the occurrence of one of a list of defined events such as the appointment of a liquidator to that institution.
Search Results
OTC Derivatives Reform: Netting and Networks | Conference – 2013
19 Aug 2013
Conferences
values or at values reflecting any loss to the surviving party from replacing the trades (so-called close-out netting). ... Such losses arise when the market price of the contract moves adversely between the default event and the surviving counterparty's
https://www.rba.gov.au/publications/confs/2013/heath-kelly-manning.html
Promoting Liquidity: Why and How? | Conference – 2008
14 Jul 2008
Conferences
Importantly, there can be close correlations between reductions in market liquidity and funding liquidity. ... Particularly for structured finance products, which can be designed to adhere to the rating agency's ratings criteria, the close relationship
https://www.rba.gov.au/publications/confs/2008/kearns-lowe.html
Regulating the New Financial Markets | Conference – 1996
9 Jul 1996
Conferences
This means that a troubled investment firm will generally be able to wind down its business in an orderly manner, meeting its obligations by prompt asset disposals at close to book ... The Group of Thirty has proposed minimum standards relating, inter
https://www.rba.gov.au/publications/confs/1996/dale.html
Twenty-five Years of Inflation Targeting in Australia: Are There Better Alternatives for the Next Twenty-five Years? | Conference – 2018
12 Apr 2018
Conferences
periods and taking the square root of the result; the forecast error at each horizon is computed as actual (out-turn) less forecast. ... nominal GDP, nominal GNP, domestic demand netting out terms of trade shocks – or some other measure that is
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton.html
The Transmission of Monetary Policy through Banks' Balance Sheets | Conference – 2018
12 Apr 2018
Conferences
Our model provides a close approximation to the reported rates. Moreover, it is not just the broad trends that are matched, but the shape of the interest rate curves. ... However, in normal times, the spreads in both markets are very close and the major
https://www.rba.gov.au/publications/confs/2018/brassil-cheshire-muscatello.html
Discussion on OTC Derivatives Reform: Netting and Networks | Conference – 2013
19 Aug 2013
Conferences
First, the benefits from netting exposures via CCPs are offset to the extent that there is a loss of netting available under bilateral arrangements. ... In the core-periphery model, netting benefits from CCPs accrue primarily to the core.
https://www.rba.gov.au/publications/confs/2013/heath-kelly-manning-disc.html
Liquidity and Funding Markets
19 Aug 2013
Conference
–
2013
The Reserve Bank of Australia 2013 conference, ‘Liquidity and Funding Markets’
https://www.rba.gov.au/publications/confs/2013/
The Economics of Shadow Banking | Conference – 2013
19 Aug 2013
Conferences
transactions. Collateral and cash are then returned to the clearing bank before close of business. ... In summary, instruments of maturity transformation and the holders of risks related to maturity transformation are close to impossible to track through
https://www.rba.gov.au/publications/confs/2013/singh.html
Introduction | Conference – 2013
19 Aug 2013
Conferences
The paper by Manmohan Singh maps out the shadow banking system, focusing on the ‘financial lubrication’ provided by markets for collateral. ... In particular, these institutions may benefit less from netting positions in a CCP because they have fewer
https://www.rba.gov.au/publications/confs/2013/intro-2013.html
Policy Panel | Conference – 2013
19 Aug 2013
Conferences
For example, one might think that if the regulators were concerned about excess demand for collateral, they would put a much higher priority on CCPs and netting, which reduces the demand ... characteristics. First, it allows for twice-daily margin calls.
https://www.rba.gov.au/publications/confs/2013/policy-panel-2013.html