Search: ESA

Sort by: Relevance Date
1–10 of 71 search results for ESA

RBA Glossary definition for ESA

ESA – Exchange Settlement Account. An account held at the Reserve Bank of Australia by financial institutions to settle financial obligations arising from the clearing of payments.

Search Results

Appendix A: Interbank Market Infrastructure

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
During 2008 there were around 50 banks with RITS ESAs, comprising Australian banks and subsidiaries and/or branches of foreign banks. ... Entities that hold an Austraclear account but not an ESA execute DvP securities settlements by having another bank
https://www.rba.gov.au/publications/rdp/2021/2021-01/appendix-a.html
See 2 more results from "RDP 2021-01"

5.5 Abbreviations

19 Oct 2023 RBA Annual Report – 2023
ERG. Employee Resource Group. ES. Exchange Settlement. ESA. Exchange Settlement Account.
https://www.rba.gov.au/publications/annual-reports/rba/2023/abbreviations.html

2.3 Banking and Payment Services

19 Oct 2023 RBA Annual Report – October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html

Operations in Financial Markets

24 Oct 2016 RBA Annual Report – 2016
These are remunerated at the cash rate target. In addition to these balances, ESA holders typically hold aggregate surplus balances of around $2 billion. ... During 2015/16, ESA holders accessed overnight funding from the Bank on only one occasion.
https://www.rba.gov.au/publications/annual-reports/rba/2016/operations-in-financial-markets.html

Operations in Financial Markets

27 Oct 2022 RBA Annual Report – October 2022
The funds traded in the cash market are the balances held by financial institutions in their Exchange Settlement Accounts (ESAs) at the Reserve Bank. ... The most frequently used standing facilities are those for the provision of intraday liquidity to
https://www.rba.gov.au/publications/annual-reports/rba/2022/operations-in-financial-markets.html

Banking and Payment Services

12 Apr 2020 RBA Annual Report – 2020
A further 40 institutions were dormant ESA holders, using another ESA holder as a settlement agent to settle their payment obligations. ... ESA and settlement activities, which are vital to the smooth operation of the payments system.
https://www.rba.gov.au/publications/annual-reports/rba/2020/banking-and-payment-services.html

Features of the Market

15 Dec 2016 RDP 2016-11
Anthony Brassil, Helen Hughson and Mark McManus
This suggests that banks are managing their end-of-day ESA balances during a briefer period than has been the case historically. ... However, rollovers still appear to be used by banks to manage their end-of-day ESA balances.
https://www.rba.gov.au/publications/rdp/2016/2016-11/features-of-the-market.html
See 2 more results from "RDP 2016-11"

Appendix B: Additional Data

31 Dec 1999 RDP 1999-06
Chay Fisher and Christopher Kent
1.9. 0.0. 0.0. 18.9. 43.6. 11.5. 9.5. 3.7. 4.9. 7.9. ESA. ... CBoA – Commercial Bank of Australia. ESA – English, Scottish and Australian Bank.
https://www.rba.gov.au/publications/rdp/1999/1999-06/appendix-b.html

Banking and Payment Services

27 Oct 2022 RBA Annual Report – October 2022
payments. Obligations are settled through the debiting and crediting of Exchange Settlement Accounts (ESAs), which are at-call accounts held at the Reserve Bank on behalf of RITS member institutions. ... In 2021/22, three new institutions were approved
https://www.rba.gov.au/publications/annual-reports/rba/2022/banking-and-payment-services.html

Operations in Financial Markets

17 Oct 2019 RBA Annual Report – 2019
target. Therefore, ESA holders typically aim to maintain a small surplus in their accounts. ... The most frequently used standing facilities are those for the provision of intraday liquidity to ESA holders.
https://www.rba.gov.au/publications/annual-reports/rba/2019/operations-in-financial-markets.html