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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Inflation, Indicators and Monetary Policy | Conference – 1992
10 Jul 1992
Conferences
Prior to the liberalisation of financial markets in the early 1980s, the near monopoly of banks over the right to issue liquid liabilities that functioned as money ensured that bank deposits ... This episode corresponds with the elimination of Statutory
https://www.rba.gov.au/publications/confs/1992/blundell-wignall-lowe-tarditi.html
Conference on Money and Credit: Summary of Discussion | Conference – 1989
20 Jun 1989
Conferences
Prior to the recent changes to SRD requirements, bank-bill funding had some clear advantages over ordinary loans. ... From the banks' point of view, bill lines had effectively circumvented quantitative lending guidelines, and the securitisation process
https://www.rba.gov.au/publications/confs/1989/summary-of-discussion.html
The Impact of Hedge Funds on Financial Markets: Lessons from the Experience of Australia | Conference – 1999
9 Aug 1999
Conferences
ID is the differential in interest rates on 3-month bank bills/bankers acceptances (in levels). ... balance sheet funding by banks, non-bank lending and possibly more detail on the currency and maturity profile of loans.
https://www.rba.gov.au/publications/confs/1999/rankin.html
Inflation, Disinflation and the Natural Rate of Unemployment: A Dynamic Framework for Policy Analysis | Conference – 2000
24 Jul 2000
Conferences
Roosa (Friedman and Roosa 1967, p 53) predicted that foreign exchange traders would not wish to be ‘crushed between the pressures generated by central bank giants in a free-for-all … ... Yet, after 1973 central banks all over the world attempted to
https://www.rba.gov.au/publications/confs/2000/leeson.html
Setting Monetary Policy in East Asia: Goals, Developments and Institutions | Conference – 2001
24 Jul 2001
Conferences
Bill White, present at the creation of inflation targeting at the Bank of Canada, has joined the questioning, so no innate hostility to inflation targeting is involved. ... In any case, it seems fair to conclude that policy-makers in east Asia have
https://www.rba.gov.au/publications/confs/2001/mccauley.html
Promoting Liquidity: Why and How? | Conference – 2008
14 Jul 2008
Conferences
As Bill McDonough, the then Head of the Federal Reserve Bank of New York, said in the wake of LTCM's problems, the closing out of these positions ‘… would have caused ... In the 1960s, around 30 per cent of the banks' total assets were held in
https://www.rba.gov.au/publications/confs/2008/kearns-lowe.html
The Politics of Economic Change in Australia in the 1980s and 1990s | Conference – 2000
31 Dec 1980
Conferences
To misquote Bill Clinton from the 1992 campaign, ‘It's the society, stupid’. ... This reflects the transfer of power from the Treasury to the Reserve Bank.
https://www.rba.gov.au/publications/confs/2000/kelly-address.html
Discussion on Designing Inflation Targets | Conference – 1997
21 Jul 1997
Conferences
In recent projections, these assumptions took the form of both the 90-day bank bill rates and the trade-weighted exchange-rate index held constant for the entire three years of ... In the discussion of whether central banks should publish their forecasts,
https://www.rba.gov.au/publications/confs/1997/brash-debelle-disc.html
Monetary Targeting: The International Experience | Conference – 1989
20 Jun 1989
Conferences
Reserve ratios were in place on banks and there were also direct controls over selected bank interest rates. ... Money was used as an internal guide for policy from about this time, and the Bank of England prepared to move away from direct controls over
https://www.rba.gov.au/publications/confs/1989/argy-brennan-stevens.html
RBA Annual Conferences
8 May 2024
Conferences
The Bank's Economic Group holds an annual Conference, the proceedings of which are published. The Conference Volume, containing revised papers and discussions, is released in hard copy and on the website within three months of the conference
https://www.rba.gov.au/publications/confs/