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RBA Glossary definition for '000
'000 – Unit is in thousands.
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The Algorithm
15 Dec 2016
RDP
2016-11
As a simple example, suppose there is a $1,000,000 payment going from Bank A to Bank B on Tuesday, and a $1,000,150 payment going from Bank B ... Around one-quarter of these 40,000 rounded transactions were identified as being part of an IBOC loan.
https://www.rba.gov.au/publications/rdp/2016/2016-11/algorithm.html
Identifying Interbank Loans from Payments Data
1 Dec 2016
RDP
2016-11
As a simple example, suppose there is a $1,000,000 payment going from Bank A to Bank B on Tuesday, and a $1,000,150 payment going from Bank B ... the Furfine-type algorithm is run on transactions entered into RITS via either cash transfers or Austraclear
https://www.rba.gov.au/publications/rdp/2016/2016-11/full.html
Features of the Market
15 Dec 2016
RDP
2016-11
with a target cash rate of 7 per cent (the average during this quarter), the lending banks would lose around $320,000 per year by allowing interest to be calculated without
https://www.rba.gov.au/publications/rdp/2016/2016-11/features-of-the-market.html