Search: repo
RBA Glossary definition for repo
repo – Repurchase agreement. The vehicle whereby most Reserve Bank of Australia (RBA) domestic market operations are conducted. Repurchase agreements (usually called 'repos') involve the sale or purchase of securities with an undertaking to reverse the transaction at an agreed date in the future and at an agreed price. Repos provide flexibility in that they allow the RBA to inject liquidity on one day and withdraw it on another with a single transaction.
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The Role of Collateral in Borrowing
14 Jan 2021
RDP
PDF
1784KB
high-quality collateral substitute from unsecured to repo borrowing. In the unsecured market,. ... over-the-counter (OTC) unsecured markets alongside centrally cleared repo markets, and without.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-01.pdf
China’s Evolving Monetary Policy Framework in International Context
4 Dec 2019
RDP
PDF
1923KB
Inflation. Operational target(s) Monetary base. 7-day interbank repo rate. Overnight cash rate target. ... Reserves/asset purchases. Primary instrument(s) PBC repo rate in corridor system. Open market operations.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-11.pdf
China's Evolving Monetary Policy Framework in International Context
1 Dec 2019
RDP
2019-11
Exchange rate. Inflation. Operational target(s). Monetary base. 7-day interbank repo rate. ... Overnight cash rate target. Reserves/asset purchases. Primary instrument(s). PBC repo rate in corridor system.
https://www.rba.gov.au/publications/rdp/2019/2019-11/full.html
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The Economics of Shadow Banking | Conference – 2013
19 Aug 2013
Conferences
It is agreed upon by the two parties at the ‘start of repo’. ... Thus repo rates will remain an important gauge of market conditions when central banks unwind.
https://www.rba.gov.au/publications/confs/2013/singh.html
The Economics of Shadow Banking
6 Jan 2014
Conferences
PDF
316KB
RBA Conference Volume 2013
https://www.rba.gov.au/publications/confs/2013/pdf/singh.pdf
Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
1 Sep 2019
RDP
2019-09
Borrowing under repo to lend into the repo market is a zero-sum game. ... Alternatively, Bank A can collateralise its investment by lending to Bank B under repo.
https://www.rba.gov.au/publications/rdp/2019/2019-09/full.html
See 7 more results from "RDP 2019-09"
Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
12 Sep 2019
RDP
PDF
1464KB
economic incentive to arbitrage between the two markets. Similarly, borrowing in the repo market. ... converge to the difference between the cost of equity and the repo rate.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-09.pdf
Research Discussion Papers – 2018
13 Feb 2018
RDP
Geoff Weir. RDP 2018-09 Identifying Repo Market Microstructure from Securities Transactions Data.
https://www.rba.gov.au/publications/rdp/2018/
Central Bank Liquidity Provision and Core Funding Markets | Conference – 2013
19 Aug 2013
Conferences
Capital and the repo market. Since many CDOs were held ‘off-balance’ sheet, they required little or no capital. ... These high credit ratings allowed the underlying assets to be used in the repo market as a source of funding.
https://www.rba.gov.au/publications/confs/2013/johnson-santor.html
Discussion of The Economics of Shadow Banking
19 Dec 2013
Conferences
PDF
91KB
RBA Conference Volume 2013
https://www.rba.gov.au/publications/confs/2013/pdf/singh-disc.pdf