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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Robust Design Principles for Monetary Policy Committees | Conference – 2018
12 Apr 2018
Conferences
In late 1992, the government of Venezuela granted statutory independence to the central bank in a reform bill that was seen as a paragon of the Washington Consensus. ... By spring 1994, however, the administration indicated that it expected the central
https://www.rba.gov.au/publications/confs/2018/archer-levin.html
Is Our Current International Economic Environment Unusually Crisis Prone? | Conference – 1999
9 Aug 1999
Conferences
To cope with the crisis, the government created the Bank of the Argentine Nation from the ruins of the old Bank of the Nation and other provincial banks. ... Bank share prices fell heavily. The banks retrenched, withdrawing from the business of long-term
https://www.rba.gov.au/publications/confs/1999/bordo-eichengreen.html
The Objectives for, and Conduct of, Monetary Policy in the 1990s | Conference – 1992
21 Jun 1990
Conferences
Alternatively, how long can the central bank prevent commercial banks, or other financial institutions, from issuing interest-bearing notes (e.g. ... term interest rates were then relaxed by the Bank of England buying short-term (commercial) bills from
https://www.rba.gov.au/publications/confs/1992/goodhart.html
Prudential Supervision | Conference – 1991
21 Jun 1991
Conferences
guidelines on associations with non-bank financial institutions;. restrictions on ownership of banks. ... Outlined the Reserve Bank's approach to prudential supervision of banks – general principles.
https://www.rba.gov.au/publications/confs/1991/thompson.html
The Economics of Shadow Banking | Conference – 2013
19 Aug 2013
Conferences
Section 5 introduces the role of central banks in the non-bank/bank nexus since they are now (and will be in the near future) a major player in the collateral ... The US market is serviced by two clearing banks, Bank of New York and JPMorgan, both
https://www.rba.gov.au/publications/confs/2013/singh.html
Unemployment or Tax Reform? | Conference – 1998
9 Jun 1998
Conferences
Lower inflation and an initial rise in real bill rates cause an increase in the nominal exchange rate, but the fall in prices ensures the real exchange rate goes the other ... Both these effects are magnified by the fall in the real exchange rate.
https://www.rba.gov.au/publications/confs/1998/richardson-c.html
Liquidity, Financial Crises and the Lender of Last Resort – How Much of a Departure is the Sub-prime Crisis? | Conference – 2008
14 Jul 2008
Conferences
Once one bank has experienced a run, there is the possibility of contagion, with runs on other banks. ... The former protects the central bank from credit risk and encourages the banks to lend at lower risk (Goodhart 2007).
https://www.rba.gov.au/publications/confs/2008/davis.html
Bank Deregulation in Australia: Choice and Diversity, Gainers and Losers | Conference – 1991
21 Jun 1991
Conferences
Banks, as a result, were never short of potential borrowers. Cast in the role of rationers of funds and acting in this capacity as agents of the central bank, banks developed ... Ironically, it was the central bank which nudged the banks into playing a
https://www.rba.gov.au/publications/confs/1991/harper.html
The Debate on Alternatives for Monetary Policy in Australia | Conference – 1997
21 Jul 1997
Conferences
exchange-rate or commodity standards; and. laissez-faire approaches to the monetary standard. ... In principle, such a system could be operated either by a central bank or, as discussed below, by competing private banks subject to the convertibility
https://www.rba.gov.au/publications/confs/1997/edey.html
Inflation and Disinflation in Australia: 1950–91 | Conference – 1992
31 Dec 1950
Conferences
their bank deposit) with a corresponding asset held by the central bank in terms of foreign exchange. ... The Commonwealth Bank (at that time the central bank) issued directives about credit growth to the banks, and made very large calls to ‘special
https://www.rba.gov.au/publications/confs/1992/stevens.html