Search: 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.
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Read me file
12 May 2023
RDP
2023-04
Money market spread – money market spread between 3-month bank-accepted bill (BAB) rate and 3-month Australian dollar overnight indexed swap (OIS) rate (3-month zero-coupon forward rate prior ... VIX – US VIX, end-month value; obtained from Federal
https://www.rba.gov.au/publications/rdp/2023/2023-04/read-me.html
The Exchange Rate and Macroeconomic Policy in Australia
12 Feb 2007
Conferences
PDF
182KB
RBA Conference Volume 1993
https://www.rba.gov.au/publications/confs/1993/pdf/pitchford.pdf
Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
12 Sep 2019
RDP
PDF
1464KB
has also weighed on profitability, particularly in bank bill and foreign exchange swap markets. ... operations.5. Bank bills as the average three-month bank bill swap rate.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-09.pdf
The Expectations Theory of the Term Structure and Short-Term Interest Rates in Australia
19 Nov 2012
RDP
PDF
664KB
The 90-day and 180-day bank-accepted bills are backed by Trading Banks. ... Rt - yield on 180-day bank-accepted bill at end of week t.
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8607.pdf
The Australian Financial System in the 1990s | Conference – 2000
21 Jun 1990
Conferences
Sources: Banks' financial statements. The largest losses were recorded by the State Bank of Victoria (SBV) and the State Bank of South Australia (SBSA). ... Most of the merchant banks are now operated by foreign-owned banks, sometimes alongside a
https://www.rba.gov.au/publications/confs/2000/gizycki-lowe.html
The Evolution of Financial Deregulation | Conference – 1991
21 Jun 1991
Conferences
intermediated finance), breaking it down into banks' and NBFIs' credit and bank bills. ... The response was that the banks greatly expanded their advances. Initially, a good part of the expansion was in the form of bank bills (see Figure 6).
https://www.rba.gov.au/publications/confs/1991/grenville.html
What the Campbell Committee Expected | Conference – 1991
21 Jun 1991
Conferences
Merchant banks frequently had overseas parents and this meant that a large part of capital inflow was channelled into the bill market. ... These factors put pressure on the exchange rate and forced the Reserve Bank to maintain a tight monetary policy for
https://www.rba.gov.au/publications/confs/1991/valentine.html
Recent Developments in Federal Reserve System Liquidity and Reserve Operations | Conference – 2008
14 Jul 2008
Conferences
banks can borrow or lend with the central bank – ensure as best they can that expectations for rates on future days in the maintenance period are around the target rate. ... It could also foster reliance by banks on direct central bank credit which is
https://www.rba.gov.au/publications/confs/2008/hilton.html
The Role of the Exchange Rate in Monetary Policy – the Experience of Other Countries | Conference – 1993
12 Jul 1993
Conferences
it buoyant but it did not burden monetary policy with exchange rate management. ... How can we recognise when an exchange rate is away from its equilibrium?
https://www.rba.gov.au/publications/confs/1993/artis.html
Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions
29 Dec 2022
RDP
PDF
1886KB
However, it seems. plausible that the central bank may take into account the exchange rate when setting policy,. ... lower probability at longer horizons. The restriction reduces the prominence of negative exchange.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-09.pdf