Search: bank accepted bill of exchange
RBA Glossary definition for bank accepted bill of exchange
bank accepted bill of exchange – A bank accepted bill of exchange is a bill of exchange that lists a bank as the acceptor of the bill. As an acceptor, a bank has a liability to pay the holder the face value of the bill at maturity. In certain circumstances, the liability is contingent on the borrower, or drawer, defaulting.
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Financial Deregulation and the Monetary Transmission Mechanism
19 Nov 2012
RDP
PDF
718KB
Their main function is to manage banks' exchange settlement funds. If the Reserve Bank seeks to tighten monetary conditions, it sells. ... i) Interest rates. Data for the yield of 90-Day bank accepted bills of exchange (the Bank Bill rate) are from the
https://www.rba.gov.au/publications/rdp/1990/pdf/rdp9008.pdf
Pricing Behaviour in Australian Financial Futures Markets
19 Nov 2012
RDP
PDF
942KB
FUTURES PRtCE vs SPOT PRICE. 90 DAY BANK ACCEPTED BILLS futures price - spot pflce. ... VOLUME vs SPOT PRICE. 90 DAY BANK ACCEPTED BILLS (LHS) spot price -o- - volume (RHS).
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8804.pdf
The Relationship between Financial Indicators and Economic Activity: Some Further Evidence
19 Nov 2012
RDP
PDF
1506KB
the yield on 90-day bank-accepted bills;. monetary aggregates M1, M3, and broad money;. ... 1969:2- 1988:3 NomPFD M1 NomPFD M3 NomPFD Bank lend. NomPFD Bill Rate.
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8903.pdf
Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
12 Sep 2019
RDP
PDF
1464KB
has also weighed on profitability, particularly in bank bill and foreign exchange swap markets. ... operations.5. Bank bills as the average three-month bank bill swap rate.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-09.pdf
The Expectations Theory of the Term Structure and Short-Term Interest Rates in Australia
19 Nov 2012
RDP
PDF
664KB
The 90-day and 180-day bank-accepted bills are backed by Trading Banks. ... Rt - yield on 180-day bank-accepted bill at end of week t.
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8607.pdf
Read me file for Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication? Yes and No!
3 May 2023
RDP
PDF
247KB
RDP 2023-04 supplementary information
https://www.rba.gov.au/publications/rdp/2023/2023-04/rdp-2023-04-read-me.pdf
The Consequences of Low Interest Rates for the Australian Banking Sector
19 Dec 2022
RDP
PDF
1588KB
b) Examples include bonds, certificates of deposit, bank bills, asset-backed securities, and hybrid securities. ... referenced to bank bill swap rates (BBSW) or hedged to these rates (Fitzpatrick et al 2022).
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-08.pdf
Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions
29 Dec 2022
RDP
PDF
1886KB
However, it seems. plausible that the central bank may take into account the exchange rate when setting policy,. ... lower probability at longer horizons. The restriction reduces the prominence of negative exchange.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-09.pdf
The Term Funding Facility: Has It Encouraged Business Lending?
8 Dec 2022
RDP
PDF
2133KB
Figure 1: Non-bank ABS Issuance and Pricing. Notes: (a) AAA-rated notes of prime residential mortgage-backed securities (RMBS) and other ABS, spread to 1-month bank bill swap. ... ECB and the BoE. For example, some central banks accepted a wider range of
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-07.pdf
Changes in the Behaviour of Banks and Their Implications for Financial Aggregates
19 Nov 2012
RDP
PDF
932KB
Both these incentives are borne out by the data for recent years which, up to late 1988, showed extremely rapid growth in bank bills on issue and increased funding by banks ... foreign currency deposits, bank bills, and capital). 1 8. The major factor
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8904.pdf