Search: foreign-currency liquidity
RBA Glossary definition for foreign-currency liquidity
foreign-currency liquidity – The capacity to exchange foreign currency for domestic currency without significantly moving the exchange rate. The extent to which a foreign currency may be traded readily without causing a significant movement in price.
RBA Glossary definition for liquidity
liquidity – The capacity to sell an asset quickly without significantly affecting the price of that asset. Liquidity is also sometimes used to refer to assets that are highly liquid.
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The Transmission of Monetary Policy through Banks' Balance Sheets | Conference – 2018
12 Apr 2018
Conferences
The spreads at issuance equal the estimated foreign currency-hedged yield at issuance minus the swap rate of similar maturity. ... for foreign currency debt we use BBSW rate plus the cross-currency basis) and maturity-matched OIS rates.
https://www.rba.gov.au/publications/confs/2018/brassil-cheshire-muscatello.html
Exploring the Link between the Macroeconomic and Financial Cycles | Conference – 2017
16 Mar 2017
Conferences
RBA Annual Conference – 2017 Exploring the Link between the Macroeconomic and Financial Cycles Adam Cagliarini and Fiona Price. 1.40. MB. The global financial crisis prompted an increased focus on the role of financial factors in driving real
https://www.rba.gov.au/publications/confs/2017/cagliarini-price.html
Monetary Policy and Financial Stability | Conference – 2017
16 Mar 2017
Conferences
October 2015 Global Financial Stability Report (GFSR) highlights the extent to which firms in emerging markets are exposed to foreign currency debt; IMF (2015a)). ... In fact, higher rates could even increase the share of foreign currency debt, a common
https://www.rba.gov.au/publications/confs/2017/dell-ariccia-habermeier-haksar-mancini-griffoli.html
Discussion | Conference – 2016
18 Mar 2016
Conferences
One proxy for the trend of US dollar borrowing by Chinese enterprises is the change in mainland domestic foreign currency bank credit. ... Several participants focused on the recent decline in China's official foreign currency reserves.
https://www.rba.gov.au/publications/confs/2016/schipke-discussion.html
On the Economics of Committed Liquidity Facilities | Conference – 2013
19 Aug 2013
Conferences
These amounts fall well short of the liquidity needs of the banking system. ... The other options are using foreign currency HQLA to cover domestic currency liquidity needs and increasing the use of Level 2 assets with a higher haircut; see BCBS (2013).
https://www.rba.gov.au/publications/confs/2013/bech-keister.html
Central Bank Liquidity Provision and Core Funding Markets | Conference – 2013
19 Aug 2013
Conferences
Importantly, this increase in capital flows often took the form of cross-border lending by banks, much of it in foreign currency (McGuire and von Peter 2009). ... In many cases, funding was in foreign currency (European banks funding CDOs with short-term
https://www.rba.gov.au/publications/confs/2013/johnson-santor.html
Policy Panel | Conference – 2013
19 Aug 2013
Conferences
In order to address the identified lack of CHF HQLA and the high share of collateral denominated in foreign currency, option 2 of the Alternative Liquidity Approaches (ALA) is the natural ... Securities denominated in foreign currency must satisfy
https://www.rba.gov.au/publications/confs/2013/policy-panel-2013.html
Discussion on Funding Flows and Credit in Carry Trade Economies | Conference – 2013
19 Aug 2013
Conferences
Alternatively, suppose a domestic resident wants to obtain foreign currency to finance direct investment abroad from a local bank. ... The domestic banking system may obtain the foreign currency by borrowing abroad (usually through the swap market).
https://www.rba.gov.au/publications/confs/2013/mirandaagrippino-rey-disc.html
Funding Flows and Credit in Carry Trade Economies | Conference – 2013
19 Aug 2013
Conferences
US dollars (domestic price of foreign currency so an increase means a depreciation of the Australian dollar) and the VIX. ... Lustig H and A Verdelhan (2007), ‘The Cross Section of Foreign Currency Risk Premia and Consumption Growth Risk’, The
https://www.rba.gov.au/publications/confs/2013/mirandaagrippino-rey.html
When is a Housing Market Overheated Enough to Threaten Stability? | Conference – 2012
20 Aug 2012
Conferences
In 1992, the Bank of England launched a (secret) lifeboat of liquidity to support the financial system and, given the pressure of high interest rates within the ERM and a severe
https://www.rba.gov.au/publications/confs/2012/muellbauer.html