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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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The Main Questions

1 Dec 1988 RDP 8812
Ian Macfarlane
0.41. 0.89. 0.46. 90-day bill rates. 2.21. 2.06. 1.04. Official cash rate. ... At the other extreme, if there is zero capital mobility, foreign interest rates have no impact on the domestic rate.
https://www.rba.gov.au/publications/rdp/1988/8812/main-questions.html

The Transmission of Monetary Policy

1 Dec 1988 RDP 8812
Ian Macfarlane
rate. Once a change in monetary policy is decided on, open market operations are directed to moving short-term interest rates higher or lower. ... In a world of capital mobility and floating exchange rates, a change in domestic financial conditions will,
https://www.rba.gov.au/publications/rdp/1988/8812/transmission-of-monetary-policy.html

Appendix 2: Empirical Evidence on the Term Structure of Interest Rates in Australia

1 Dec 1988 RDP 8812
Ian Macfarlane
1983:12 to 1988:6. 222. Bill rate. 1.69 (0.49). 20.32 (4.93). 23.70 (3.84). ... 432. Bill rate. 0.01 (0.01). 10.85 (4.28). 13.45 (4.63). 0.18 (0.70).
https://www.rba.gov.au/publications/rdp/1988/8812/appendix-2.html