Search: Clearing
RBA Glossary definition for Clearing
Clearing – The process of transmitting, reconciling and in some cases confirming payment instructions prior to settlement; it may include netting of instructions and the calculation of final positions for settlement.
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Economic Outlook
10 Feb 2023
SMP
– February 2023
The end of Chinas dynamic clearing approach to COVID-19 lowers the risk of further supply chain issues in the future; however, Chinas demand for energy commodities will increase as domestic
https://www.rba.gov.au/publications/smp/2023/feb/economic-outlook.html
Box C: Spillovers from Public Investment
10 Feb 2018
SMP
– February 2018
Leeper EM, N Traum and TB Walker (2017), ‘Clearing Up the Fiscal Multiplier Morass’, American Economic Review, 107(8), pp 2409–2454.
https://www.rba.gov.au/publications/smp/2018/feb/box-c-spillovers-from-public-investment.html
Box C: Australian Financial Markets and the UK Referendum
10 Aug 2016
SMP
– August 2016
For example, the central clearing counterparties (CCPs) that are responsible for the clearing of exchange-traded products (such as bond and equity futures) and OTC derivative instruments in Australia had established
https://www.rba.gov.au/publications/smp/2016/aug/box-c-australian-financial-markets-and-the-uk-referendum.html
International and Foreign Exchange Markets
10 Aug 2016
SMP
– August 2016
In mid June, the Chinese authorities granted the United States a RMB250 billion quota under the RMB Qualified Foreign Institutional Investor scheme and committed to establish two RMB clearing banks in ... A commitment to establishing a clearing bank in
https://www.rba.gov.au/publications/smp/2016/aug/international-and-foreign-exchange-markets.html
Domestic Financial Markets
10 May 2015
SMP
– May 2015
Demand for newly issued CGS has remained firm, with most bond tenders conducted by the Australian Office of Financial Management (AOFM) clearing below yields prevailing in the secondary market at the
https://www.rba.gov.au/publications/smp/2015/may/dom-fin-mkts.html
International and Foreign Exchange Markets
10 Feb 2015
SMP
– February 2015
In November, the Reserve Bank signed a Memorandum of Understanding (MoU) with the PBC to establish official RMB clearing arrangements in Australia. ... The PBC also recently signed MoUs to establish official RMB clearing arrangements in Canada, Malaysia,
https://www.rba.gov.au/publications/smp/2015/feb/intl-fx-mkts.html
Domestic Financial Markets
10 Nov 2014
SMP
– November 2014
The primary market for long-term CGS remains strong, with bond tenders conducted by the Australian Office of Financial Management (AOFM) clearing at yields below those quoted in the secondary market.
https://www.rba.gov.au/publications/smp/2014/nov/dom-fin-mkts.html
International and Foreign Exchange Markets
10 Nov 2014
SMP
– November 2014
The PBC also designated official RMB clearing banks in Paris, Luxembourg and Doha and signed bilateral local currency swap agreements with the central banks of Russia and Qatar.
https://www.rba.gov.au/publications/smp/2014/nov/intl-fx-mkts.html
International and Foreign Exchange Markets
10 Aug 2014
SMP
– August 2014
In June and July, the PBC designated official RMB clearing banks in London, Frankfurt and Seoul. ... These clearing banks will have more direct access to onshore RMB liquidity, including approval to transact in China's onshore foreign exchange market.
https://www.rba.gov.au/publications/smp/2014/aug/intl-fx-mkts.html
International and Foreign Exchange Markets
10 May 2014
SMP
– May 2014
Once established, these clearing banks will have more direct access to onshore RMB liquidity, including approval to transact in China's onshore foreign exchange market. ... In Australia, the Sydney branches of two Chinese banks both launched RMB clearing
https://www.rba.gov.au/publications/smp/2014/may/intl-fx-mkts.html