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RBA Glossary definition for bill rate
bill rate – The bill rate is the effective yield to maturity earned by the holder of a bill. The yield is usually expressed as a per annum rate.
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Appendix D: Data Sources and Definitions
31 Dec 2003
RDP
2003-12
For the 90-day bank bill rate we use the average level of this series over the last week of each quarter, also available from Table F.1 of the RBA ... Constructed from RBA Bulletin Table ‘Advances Classified by Interest Rates’ [1963:M9–1988:M11].
https://www.rba.gov.au/publications/rdp/2003/2003-12/appendix-d.html
Methodology
31 Dec 2003
RDP
2003-12
rate (except in early and late equation vintages); and the first lag of the Southern Oscillation Index (except in early vintages). ... at the Reserve Bank as cash reserves; the 90-day bank bill rate; and a ‘weighted interest rate’ (constructed as an
https://www.rba.gov.au/publications/rdp/2003/2003-12/methodology.html