Search: CLS Bank
RBA Glossary definition for CLS Bank
CLS Bank – CLS Bank is a multi-currency bank, regulated by the Federal Reserve Bank of New York, which uses central bank funds to simultaneously settle cross-currency transactions in real time through a process known as Continuous Linked Settlement (CLS).
RBA Glossary definition for CLS
CLS – Continuous Linked Settlement. A process enabling simultaneous foreign exchange settlement across the globe, eliminating the settlement risk caused by delays arising from time-zone differences.
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The Link between the Cash Rate and Market Interest Rates
1 Dec 2009
RDP
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179KB
It also presents a model of the spread between banks' lending ratesand the cash rate, and then uses the model to analyse developments in bank lendingspreads over recent years. ... one for one with the cash rate, partly reflected changes in
https://www.rba.gov.au/publications/rdp/1995/pdf/rdp9504.pdf
The Efficient Market Hypothesis: A Survey
1 Dec 2009
RDP
PDF
210KB
The views expressed are those of the authors and should not be attributed to theReserve Bank of Australia. ... Banks hold only limited uncovered foreign exchange positions and closeout loss-making positions quickly, corporations use the foreign exchange
https://www.rba.gov.au/publications/rdp/2000/pdf/rdp2000-01.pdf
Changes in the Characteristics of the Australian Business Cycle: Some Lessons for Monetary Policy from the 1980s and Early 1990s
31 Jan 2006
RDP
PDF
758KB
Research Discussion Paper 9212. December 1992. Economic Research Department. Reserve Bank of Australia. ... Bank share prices rose even inore quickly than the market average from early 1984, greatly enhancing banks' ability to finance new lending.
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9212.pdf
Inflation Targeting and Exchange Rate Fluctuations in Australia
1 Dec 2009
RDP
PDF
492KB
Research Discussion Paper2000–06. September 2000. Domestic Markets DepartmentEconomic Analysis Department. Reserve Bank of Australia. ... aregenerated assuming that the central bank actively uses the same policy rule in eachfuture period.
https://www.rba.gov.au/publications/rdp/2000/pdf/rdp2000-06.pdf
Mortgage-related Financial Difficulties: Evidence from Australian Micro-level Data
4 Feb 2015
RDP
PDF
728KB
Views expressed in this paper are those of the authors and not necessarily those of the Reserve Bank. ... 3 It contains monthly observations onhousing loans that were originated between 1994 and 2013 and were securitised bytwo non-major banks.
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-13.pdf
Combining Multivariate Density Forecasts Using Predictive Criteria
14 May 2008
RDP
PDF
352KB
Responsibility for any remaining errors rests with theauthors. The views expressed in this paper are those of the authors and are notnecessarily those of the Reserve Bank of Australia. ... Density forecasts are useful tools for inflation-targeting
https://www.rba.gov.au/publications/rdp/2008/pdf/rdp2008-02.pdf
Housing Wealth, Stock Market Wealth and Consumption: A Panel Analysis for Australia
2 Dec 2009
RDP
PDF
130KB
Nikola Dvornak and Marion Kohler. Research Discussion Paper2003-07. July 2003. Economic Research DepartmentReserve Bank of Australia. ... For dwelling prices we use the quarterlymedian dwelling price series from the Commonwealth Bank of Australia/Housing.
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-07.pdf
Learning in an Estimated Small Open Economy Model
30 Mar 2010
RDP
PDF
279KB
Research Discussion Paper2010-02. March 2010. Economic Research DepartmentReserve Bank of Australia. ... Accordingly, we look for a break in thegain parameter in 1993, when the Reserve Bank of Australia adopted the currentinflation-targeting framework.
https://www.rba.gov.au/publications/rdp/2010/pdf/rdp2010-02.pdf
The GFC Investment Tax Break
16 Jan 2019
RDP
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1792KB
Requests for consent should be sent to the Secretary of the Bank at the email address shown above. ... Views expressed in this paper are those of the authors and not necessarily those of the Reserve Bank.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-07.pdf
Dynamic Pricing and Imperfect Common Knowledge
19 Dec 2007
RDP
PDF
286KB
The views expressed in this paper are thoseof the author and not necessarily those of the Reserve Bank of Australia. ... The economy consists of households who supply labourand consume goods, firms that produce differentiated goods and set prices, anda
https://www.rba.gov.au/publications/rdp/2007/pdf/rdp2007-12.pdf