Search: bank accepted bill of exchange

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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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Exchange Rate Regimes and the Volatility of Financial Prices: The Australian Case

1 Jul 1986 RDP 8608
Robert G. Trevor and Stephen G. Donald
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1986/8608.html

Appendix D: Data Definitions and Sources

1 Jul 1986 RDP 8608
Robert G. Trevor and Stephen G. Donald
Source, Reserve Bank. AUSRATE. =. The Australian 90 day bank accepted bill rate. ... DMTWI. =. The Bank of England's trade-weighted index of value of West German deutschemark.
https://www.rba.gov.au/publications/rdp/1986/8608/appendix-d.html

Empirical Results

1 Jul 1986 RDP 8608
Robert G. Trevor and Stephen G. Donald
bank accepted bill rate (AUSRATE); the United States TWI (USTWI); the U.S. ... The exchange rate was not determined by market forces; it was relatively fixed.
https://www.rba.gov.au/publications/rdp/1986/8608/empirical-results.html