Search: interbank overnight rate
RBA Glossary definition for interbank overnight rate
interbank overnight rate – The interbank overnight rate (also known as the cash rate) is the interest rate which banks pay or charge to borrow funds from or lend funds to other banks on an overnight unsecured basis. The Reserve Bank of Australia uses this rate as an operational target for the implementation of monetary policy. The Reserve Bank of Australia calculates and publishes this rate each day on the basis of data collected directly from banks. The interbank overnight rate has been published by the Reserve Bank of Australia since June 1998.
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The Interbank Overnight Cash Market
14 Feb 2018
RDP
2018-01
Download the Paper 1,628. KB. Banks use the market for unsecured overnight interbank loans (IBOC market) to manage their liquidity. ... The RBA, and many other central banks, have historically relied on surveys to collect information about overnight
https://www.rba.gov.au/publications/rdp/2018/2018-01/the-interbank-overnight-cash-market.html
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The Chinese Interbank Repo Market
15 Jun 2017
Bulletin
– June 2017
The market for repurchase agreements (repos) is an important source of short-term funding for financial institutions operating in China. This article outlines the key features of Chinese repo markets, focusing on the interbank market, before
https://www.rba.gov.au/publications/bulletin/2017/jun/9.html
Identifying Interbank Loans from Payments Data
8 Dec 2016
RDP
2016-11
banking, financial markets, interest rates, modelling, monetary policy, money, payments. The interbank overnight cash market is central to the implementation of monetary policy in Australia. ... So these novel features may also be useful for identifying
https://www.rba.gov.au/publications/rdp/2016/2016-11.html
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Identifying Repo Market Microstructure from Securities Transactions Data
16 Aug 2018
RDP
2018-09
banking, financial markets, interest rates, modelling, money. Interbank repo markets are arguably just as important as unsecured markets. ... From 2006 to 2015, the distribution of repo-rate spreads (to the cash rate) drifted up and tightened, and the
https://www.rba.gov.au/publications/rdp/2018/2018-09.html
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Appendix A: Data Descriptions and Sources
16 May 2008
RDP
2008-01
Overnight cash rate: Overnight cash rate, averaged over the quarter. Nominal official cash rate until June 1998, and then the interbank overnight rate (RBA). ... Real trade-weighted index: The natural logarithm of the real trade-weighted exchange rate
https://www.rba.gov.au/publications/rdp/2008/2008-01/appendix-a.html
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The Cash Market
15 Dec 2016
Bulletin
– December 2016
The cash market is the market for unsecured, overnight loans between banks. The weighted average of interest rates on these loans is the cash rate, the Reserve Bank's operational target for monetary policy and an important financial benchmark. Over
https://www.rba.gov.au/publications/bulletin/2016/dec/4.html
Appendix A: Details of the VAR
29 May 2017
RDP
2017-02
Overnight cash rate: Overnight cash rate, averaged over the quarter. Nominal official cash rate until June 1998, and then the interbank overnight rate (RBA statistical table F1.1 Interest Rates and ... Our estimates are not sensitive to whether we order
https://www.rba.gov.au/publications/rdp/2017/2017-02/appendix-a.html
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Extracting Information from Financial Market Instruments
10 Mar 2012
Bulletin
– March 2012
The cash rate is the rate on unsecured loans in the overnight interbank market, which is the Reserve Bank's (RBA) operational target for monetary policy. ... in the overnight interbank market.
https://www.rba.gov.au/publications/bulletin/2012/mar/6.html
The Reserve Bank's Collateral Framework
7 Dec 2017
Bulletin
– December 2017
The Reserve Bank, like other central banks, holds collateral to reduce the risk of financial loss in its domestic market operations. The Reserve Bank's collateral framework sets out how the diverse portfolio of collateral assets is managed and
https://www.rba.gov.au/publications/bulletin/2017/dec/2.html
Appendix B: Data
3 Jan 2023
RDP
2022-09
Variable. Details. Source. Cash rate. Interbank overnight cash rate, %, quarterly average. ... After the September quarter 2001, the risk-free rate is the 3-month Australian dollar overnight indexed swap (OIS) rate.
https://www.rba.gov.au/publications/rdp/2022/2022-09/appendix-b.html
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