Search: bank accepted bill of exchange

Sort by: Relevance Date
12 of 2 collapsed search results for bank accepted bill of exchange

RBA Glossary definition for bank accepted bill of exchange

bank accepted bill of exchange – A bank accepted bill of exchange is a bill of exchange that lists a bank as the acceptor of the bill. As an acceptor, a bank has a liability to pay the holder the face value of the bill at maturity. In certain circumstances, the liability is contingent on the borrower, or drawer, defaulting.

Search Results

Appendix B: Data

3 Jan 2023 RDP 2022-09
Matthew Read
US real GDP. Chain volume measure, $b, seasonally adjusted. Federal Reserve Bank of St. ... Percentage point difference between the 3-month bank-accepted bill rate and a 3-month risk-free interest rate.
https://www.rba.gov.au/publications/rdp/2022/2022-09/appendix-b.html

Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions

3 Jan 2023 RDP 2022-09
Matthew Read
Note that the responses of output and the exchange rate are left unrestricted. ... However, it seems plausible that the central bank may take into account the exchange rate when setting policy, including indirectly via its effects on forecasts of other
https://www.rba.gov.au/publications/rdp/2022/2022-09/full.html