Search: Cash Rate

Sort by: Relevance Date
1–10 of 2,538 search results for Cash Rate

RBA Glossary definition for Cash Rate

Cash Rate – The interest rate which banks pay to borrow funds from other banks in the money market on an overnight basis. The cash rate is the Reserve Bank of Australia's operational target for the implementation of monetary policy. It is also an important financial benchmark in the Australian financial markets. It is used as the reference rate for Australian dollar Overnight Indexed Swaps (OIS) and the ASX 30 Day Interbank Cash Rate Futures. The Reserve Bank of Australia is the administrator of the cash rate. The cash rate is calculated as the weighted average interest rate on overnight unsecured loans between banks settled in the Reserve Bank Information and Transfer System (RITS). The Cash Rate is also known by the acronym AONIA in financial markets.

Search Results

The Link between the Cash Rate and Market Interest Rates

1 May 1995 RDP 9504
Philip Lowe
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1995/9504.html
See 9 more results from "RDP 9504"

Appendix A: Adjustment of Actual Cash Rate to Target Rate

1 Jul 1997 RDP 9703
Ric Battellino, John Broadbent and Philip Lowe
where:. r. t. is the actual (unofficial) cash rate; and. is the target cash rate. ... Δ in cash rate {t5}. 0.06. (0.04). Δ in cash rate {t6}.
https://www.rba.gov.au/publications/rdp/1997/9703/appendix-a.html
See 9 more results from "RDP 9703"

In Brief: Statement on Monetary Policy – February 2024

6 Feb 2024 SMP
The Boards interest rate decision supports the gradual return of inflation to the midpoint of our 2–3 per cent target range. ... More on the February 2024 monetary policy decision. The Board decided to leave the cash rate target unchanged at 4.35 per
https://www.rba.gov.au/publications/smp/2024/feb/

Financial Conditions

6 Feb 2024 SMP – February 2024
Financial Conditions | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/financial-conditions.html

Determination of Cash Rates

1 Dec 1992 RDP 9214
Bob Rankin
In practice, it is the unofficial cash rate which is targeted by the Bank (though, as explained later, the unofficial and official cash rates are about equal). ... take action to keep cash rates close to the announced target rate r.
https://www.rba.gov.au/publications/rdp/1992/9214/determination-of-cash-rates.html
See 6 more results from "RDP 9214"

Domestic Financial Conditions

10 Nov 2023 SMP – November 2023
Domestic Financial Conditions | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/domestic-financial-conditions.html

The Consequences of Low Interest Rates for the Australian Banking Sector

21 Dec 2022 RDP 2022-08
Anthony Brassil
Figure 8: Cash Rate Pass-through to Banks' Lending Rates. Source: Brassil, Major and Rickards (2022). ... rate. So cash rate reductions remain an effective policy tool during large downturns and at low interest rates.
https://www.rba.gov.au/publications/rdp/2022/2022-08/full.html
See 13 more results from "RDP 2022-08"

Credit Spreads, Monetary Policy and the Price Puzzle

1 Jan 2020 RDP 2020-01
Benjamin Beckers
in risk premia in large business lending rates is met by an 8 basis point cut to the cash rate. ... Table 2: Estimated Policy Rules with Credit Spreads and Expected Cash Rate Changes.
https://www.rba.gov.au/publications/rdp/2020/2020-01/full.html
See 16 more results from "RDP 2020-01"

Overview

6 Feb 2024 SMP – February 2024
Overview | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/overview.html

Domestic Financial Conditions

4 Aug 2023 SMP – August 2023
Domestic Financial Conditions | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/domestic-financial-conditions.html