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RBA Glossary definition for Exchange Settlement Account balances

Exchange Settlement Account balances – The sum of balances held in Exchange Settlement Accounts with the Reserve Bank.

RBA Glossary definition for settlement

settlement – The discharge of obligations arising from fund transfers between two or more parties.

RBA Glossary definition for Exchange Settlement Account

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.

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How Risky is Australian Household Debt?

19 Aug 2020 RDP PDF 1880KB
Callan Windsor and seminar participants at the Bank for International Settlements and the. ... global institutions (such as the Bank for International Settlements and International Monetary Fund).
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-05.pdf

OPEN MARKET OPERATIONS IN AUSTRALIA: A U.S. PERSPECTIVE Michael ...

17 Oct 2014 RDP PDF 817KB
do not affect balances in exchange settlement accounts until the next. ... system's exchange settlement accounts on the next day. In effect the $300.
https://www.rba.gov.au/publications/rdp/1987/pdf/rdp8702.pdf

Australian Money Market Divergence: Arbitrage Opportunity or Illusion?

12 Sep 2019 RDP PDF 1464KB
However, banks have broader balance. sheet considerations that need to be taken into account. ... increased demand to hedge US dollar exposures, changes which have reduced balance sheet.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-09.pdf

The Evolution of Payment Costs in Australia

11 Apr 2019 RDP PDF 1298KB
Annual costs per account are estimated to have fallen since the 2007 study. ... The Reserve Bank has also overseen the linking of the COIN and the SWIFT network for the exchange of bulk files, thereby simplifying the process of sending settlement
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-14.pdf

The Implementation of Monetary Policy in Australia

1 Dec 2009 RDP PDF 190KB
These settlement balances are held in banks’Exchange Settlement Accounts at the Reserve Bank, and do not count towardsreserves held for the purpose of meeting reserve ratios.2 Interest is paid ... Exchange Settlement Accounts must be in credit at all
https://www.rba.gov.au/publications/rdp/1997/pdf/rdp9703.pdf

Explaining Monetary Spillovers: The Matrix Reloaded

8 Apr 2019 RDP PDF 1861KB
There is some indication that. exchange rate regimes influence the extent of spillovers. ... market/GDP. 11 They find smaller spillovers for stock prices and exchange rates.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-03.pdf

Fear of Sudden Stops: Lessons from Australia and Chile

10 May 2004 RDP PDF 193KB
Thisreluctance to let the exchange rate play the stabilising role suggested by traditional. ... 8. 12. 16. Real exchange rates Index. %%. Australia 90-day bank bill rate.
https://www.rba.gov.au/publications/rdp/2004/pdf/rdp2004-03.pdf

Leverage Constraints and the International Transmission of Shocks

13 Dec 2009 RDP PDF 251KB
But asset sales drive asset values down further, adversely impairing the balance sheets of other institutions. ... 2 An alternative mechanism where balance sheets play a key role in business cycles is the.
https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-08.pdf

Monetary Transmission in a Deregulated Financial System

19 Nov 2012 RDP PDF 825KB
function of the bank's net transactions account balances plus aggregate credit. ... 10 Such perfectly liquid reserves would be the equivalent of "exchange settlement funds" in Australia which are largely held as loans to dealers.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8811.pdf

Trends in the Funding and Lending Behaviour of Australian Banks

2 Feb 2015 RDP PDF 1090KB
It also allows banks to react more quickly to unexpected increases in loan demand on the asset side of their balance sheets. ... 2.2), and the increase in liquid assets as a share of banks’ balance sheets, have also contributed.
https://www.rba.gov.au/publications/rdp/2013/pdf/rdp2013-15.pdf