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RBA Glossary definition for bill rate

bill rate – The bill rate is the effective yield to maturity earned by the holder of a bill. The yield is usually expressed as a per annum rate.

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Appendix

1 Dec 1989 RDP 8908
Ian Macfarlane and W.J. Tease
where,. S. =. log of the spot exchange rate;. i. =. 90-day Australian bank-bill rate; and. i. =. 90-day foreign Euro-rate. These equations were estimated on the basis of both ... where,. S. =. nominal exchange rate;. i. =. domestic 90-day bill rate;.
https://www.rba.gov.au/publications/rdp/1989/8908/appendix.html

Capital Movements

1 Dec 1989 RDP 8908
Ian Macfarlane and W.J. Tease
With generally strong domestic growth and with international interest rates not high in real terms, Australia's external debt to GDP ratio remained low. ... However, in periods when interest rates rose in response to the falling exchange rate (see
https://www.rba.gov.au/publications/rdp/1989/8908/capital-movements.html

Exchange Rate Determinants

1 Dec 1989 RDP 8908
Ian Macfarlane and W.J. Tease
S. =. log of the spot exchange rate;. i. =. 90-day Australian bank-bill rate; and. ... One explanation for this result lies in the two-way relationship between interest rates and the exchange rate.
https://www.rba.gov.au/publications/rdp/1989/8908/exchange-rate-determinants.html