Search: Cash Rate
RBA Glossary definition for Cash Rate
Cash Rate – The interest rate which banks pay to borrow funds from other banks in the money market on an overnight basis. The cash rate is the Reserve Bank of Australia's operational target for the implementation of monetary policy. It is also an important financial benchmark in the Australian financial markets. It is used as the reference rate for Australian dollar Overnight Indexed Swaps (OIS) and the ASX 30 Day Interbank Cash Rate Futures. The Reserve Bank of Australia is the administrator of the cash rate. The cash rate is calculated as the weighted average interest rate on overnight unsecured loans between banks settled in the Reserve Bank Information and Transfer System (RITS). The Cash Rate is also known by the acronym AONIA in financial markets.
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The Australian Financial System
8 Apr 2022
FSR
– April 2022
Until recently, banks were offering lower interest rates on fixed-rate loans, which – along with borrower preference and loan refinancing – resulted in a shift towards fixed-rate mortgage products that have ... While a large share of banks'
https://www.rba.gov.au/publications/fsr/2022/apr/australian-financial-system.html
List of tables
10 Mar 2005
FSR
– March 2005
2003. 2004. Interest rate. 0.05. 0.03. Foreign exchange. 0.02. 0.02. Other. ... If an exchange is requested, the issuer decides whether it is for ordinary shares or cash.
https://www.rba.gov.au/publications/fsr/2005/mar/tables.html
Box E: The 2018 Financial Sector Assessment Program (FSAP) Review of Australia
12 Apr 2019
FSR
– April 2019
This was in the context of the IMF's cash flow stress test, which used assumptions that were generally more severe than those underpinning the Basel III Liquidity Coverage Ratio (LCR) ... The IMF found that a severe and sustained funding shock that
https://www.rba.gov.au/publications/fsr/2019/apr/box-e.html
Box D: Stress Testing and Australian Bank Resilience
7 Oct 2022
FSR
– October 2022
In response to high inflation, the Reserve Bank has increased the cash rate target by a total of 250 basis points since May 2022, and market pricing implies the cash rate ... Baseline scenario. – the cash rate increases broadly in line with current
https://www.rba.gov.au/publications/fsr/2022/oct/box-d-stress-testing-and-australian-bank-resilience.html
Box A: Effects of Low Yields on Life Insurers and Pension Funds
20 Oct 2015
FSR
– October 2015
Since then, funding ratios in these countries have generally remained below 100 per cent, weighed down by declining interest rates. ... Nevertheless, pressure from the low interest rate environment and other structural forces, such as increasing longevity
https://www.rba.gov.au/publications/fsr/2015/oct/box-a.html
Box B: Business Failure Risk in the COVID-19 Pandemic
9 Oct 2020
FSR
– October 2020
support. The model assumes that the relationship between cash flow and failure is not linear in that the failure rate of businesses is assumed to increase a lot more when cash ... The analysis may therefore underestimate the effect of cash flow on total
https://www.rba.gov.au/publications/fsr/2020/oct/box-b-business-failure-risk-in-the-covid-19-pandemic.html
The Global Financial Environment
8 Apr 2021
FSR
– April 2021
Global bodies, as well as national regulators, are also working on ensuring an orderly transition away from London Inter-bank Offered Rates (LIBOR), a key global interest rate benchmark that is ... With a faster recovery and so rising bond yields in
https://www.rba.gov.au/publications/fsr/2021/apr/global-financial-environment.html
The Global Financial Environment
8 Oct 2021
FSR
– October 2021
Sustained low interest rates will, however, continue to provide an incentive to borrow for housing. ... The RBNZ will also start a consultation shortly on implementing DTI restrictions and interest rate floors.
https://www.rba.gov.au/publications/fsr/2021/oct/global-financial-environment.html
The Global Financial Environment
8 Apr 2022
FSR
– April 2022
rates due to high and persistent inflation, and further waves of COVID-19. ... Higher interest rates and the war in Ukraine have triggered a decline in financial asset prices.
https://www.rba.gov.au/publications/fsr/2022/apr/global-financial-environment.html
The Global Financial Environment
9 Oct 2020
FSR
– October 2020
increased demand for cash and caused market dysfunction, leading to a tightening in global financial conditions. ... Delays in the transition away from London Inter-Bank Offered Rates (LIBOR) also create risks.
https://www.rba.gov.au/publications/fsr/2020/oct/global-financial-environment.html