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.
Search Results
References
31 Jan 2023
RDP
2023-01
Foote CL, L Loewenstein and PS Willen (2016), ‘Cross-Sectional Patterns of Mortgage Debt during the Housing Boom: Evidence and Implications’, NBER Working Paper No 22985. ... Reserve Bank of Australia, 2001–2024. All rights reserved. The Reserve
https://www.rba.gov.au/publications/rdp/2023/2023-01/references.html
The Effect of Credit Constraints on Housing Prices: (Further) Evidence from a Survey Experiment
31 Jan 2023
RDP
2023-01
3. The Survey Experiment. The stated preference survey experiment was appended to the US Survey of Consumer Expectations (SCE) run by the New York Federal Reserve Bank in 2014.
https://www.rba.gov.au/publications/rdp/2023/2023-01/full.html