Search: settlement
RBA Glossary definition for settlement
settlement – The discharge of obligations arising from fund transfers between two or more parties.
Search Results
The Australian Money Market
1 May 1987
RDP
8702
more central role that dealers play in the flow of exchange settlement funds. ... The banks and dealers will do so because exchange settlement funds do not earn interest.
https://www.rba.gov.au/publications/rdp/1987/8702/the-australian-money-market.html
An Economic Model
1 May 1987
RDP
8702
Banks hold loans with dealers because funds in exchange settlement accounts do not earn interest. ... Specifically, if a bank must rediscount a two period security in order to obtain exchange settlement funds the cost is d.
https://www.rba.gov.au/publications/rdp/1987/8702/an-economic-model.html