Search: bank accepted bill of exchange
RBA Glossary definition for bank accepted bill of exchange
bank accepted bill of exchange – A bank accepted bill of exchange is a bill of exchange that lists a bank as the acceptor of the bill. As an acceptor, a bank has a liability to pay the holder the face value of the bill at maturity. In certain circumstances, the liability is contingent on the borrower, or drawer, defaulting.
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Reserve Bank of Australia Annual Report 2023
16 Oct 2023
RBA Annual Report
- 2023
PDF
801KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/operations-in-financial-markets.pdf
The Australian Financial System in the 1990s | Conference – 2000
21 Jun 1990
Conferences
Sources: Banks' financial statements. The largest losses were recorded by the State Bank of Victoria (SBV) and the State Bank of South Australia (SBSA). ... Most of the merchant banks are now operated by foreign-owned banks, sometimes alongside a
https://www.rba.gov.au/publications/confs/2000/gizycki-lowe.html
The Evolution of Financial Deregulation | Conference – 1991
21 Jun 1991
Conferences
intermediated finance), breaking it down into banks' and NBFIs' credit and bank bills. ... The response was that the banks greatly expanded their advances. Initially, a good part of the expansion was in the form of bank bills (see Figure 6).
https://www.rba.gov.au/publications/confs/1991/grenville.html
Recent Developments in Federal Reserve System Liquidity and Reserve Operations | Conference – 2008
14 Jul 2008
Conferences
banks can borrow or lend with the central bank – ensure as best they can that expectations for rates on future days in the maintenance period are around the target rate. ... It could also foster reliance by banks on direct central bank credit which is
https://www.rba.gov.au/publications/confs/2008/hilton.html
Expectations and the Neutrality of Interest Rates
27 Nov 2023
Conferences
PDF
477KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-cochrane.pdf
What the Campbell Committee Expected | Conference – 1991
21 Jun 1991
Conferences
Merchant banks frequently had overseas parents and this meant that a large part of capital inflow was channelled into the bill market. ... These factors put pressure on the exchange rate and forced the Reserve Bank to maintain a tight monetary policy for
https://www.rba.gov.au/publications/confs/1991/valentine.html
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
The Role of the Exchange Rate in Monetary Policy – the Experience of Other Countries | Conference – 1993
12 Jul 1993
Conferences
it buoyant but it did not burden monetary policy with exchange rate management. ... How can we recognise when an exchange rate is away from its equilibrium?
https://www.rba.gov.au/publications/confs/1993/artis.html
The Reserve Bank and Economic Policy in 1978/79
20 Jun 2023
RBA Annual Report
– 1979
Purchases by the Bank were for this short period substantial; some increase in trading yields was accepted, moving these toward rates at which non-official transactions had been occurring. ... Treasury notes were in demand, with the banks heavy purchasers
https://www.rba.gov.au/publications/annual-reports/rba/1979/res-bank-eco-policy.html
Monetary Policy
9 Mar 2023
RBA Annual Report
– 1962
This convention, first established in its present form in 1956, codified certain firm understandings reached between the Reserve Bank and the trading banks, namely—. ... reversed and the trading banks became heavy sellers of securities to the Reserve
https://www.rba.gov.au/publications/annual-reports/rba/1962/monetary-policy.html