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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 Relationship between Financial Indicators and Economic Activity: Some Further Evidence

19 Nov 2012 RDP PDF 1506KB
1969:2- 1988:3 NomPFD M1 NomPFD M3 NomPFD Bank lend. NomPFD Bill Rate. ... The third set of models includes imports and real PFD rather than the bill rate.
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8903.pdf

The Expectations Theory of the Term Structure and Short-Term Interest Rates in Australia

19 Nov 2012 RDP PDF 664KB
n-1 l n E rtj". j=O. 6. rate used was the six-month Treasury bill rate. ... two-period bill equals the current one-period bill rate plus a risk premium.
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8607.pdf

Financial Deregulation and the Monetary Transmission Mechanism

19 Nov 2012 RDP PDF 718KB
This leads to an increase in cash rates, and subsequently to increases in other interest rates, such as the 90 day bank bill rate.3. ... i) Interest rates. Data for the yield of 90-Day bank accepted bills of exchange (the Bank Bill rate) are from the RBA
https://www.rba.gov.au/publications/rdp/1990/pdf/rdp9008.pdf

Australian Money Market Divergence: Arbitrage Opportunity or Illusion?

12 Sep 2019 RDP PDF 1464KB
operations.5.  Bank bills as the average three-month bank bill swap rate. ... Bank bill rates also rose over this period,. but not sufficiently to make investing in bills a profitable money market trade.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-09.pdf

The Cross-country Relationship between Interest Rates and Inflation over Three Decades

6 Jul 2007 RDP PDF 928KB
Italy. Japan. 1961-1973: 12 month Treasury bill rate (MEI/OECD Financial Statistics). ... Canada As above. Ireland As above. Italy Three month Treasury bill rate (IFS).
https://www.rba.gov.au/publications/rdp/1991/pdf/rdp9104.pdf

The Link between the Cash Rate and Market Interest Rates

1 Dec 2009 RDP PDF 179KB
At least since 1987,during periods when the cash rate was falling, bill rates tended to lie below the cashrate, while during periods when the cash rate was rising, bill rates ... 3. -2. -1. 0. 1. 2. 3. Cash rate. 90-day bank bill rate - cash rate.
https://www.rba.gov.au/publications/rdp/1995/pdf/rdp9504.pdf

International Interest Rate Linkages and Monetary Policy: The Case of Australia

19 Nov 2012 RDP PDF 1014KB
Jun. 19 88. U.S. bond rates Aust. bond rates 90-day bill rates Official cash rate $A/US$. ... where Rt is the long-term bond rate, p are rates of change of.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8812.pdf

The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

21 Nov 2023 RDP PDF 2354KB
use deposit services, and a smaller share of people rate these as convenient relative to withdrawal. ... Bills(b) 28 22 33 35 29 33. Services 27 33 38 46 48 62.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf

Changes in the Behaviour of Banks and Their Implications for Financial Aggregates

19 Nov 2012 RDP PDF 932KB
The top panel of the graph shows two interest rates: the 90-day bank bill yield (as an indicator of market rates), and the interest rate on trading bank fixed deposits. ... 4. Graph 1. % INTEREST RATES AND TRADING BANK BEHAVIOUR. 20-----------------------
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8904.pdf

Abbreviations

8 Oct 2023 PSB Annual Report - 2023 PDF 65KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/abbreviations.pdf