Search: OIS
RBA Glossary definition for OIS
OIS – Overnight indexed swap, a bilaterally traded, or over-the-counter (OTC), derivative in which one party agrees to pay the other party a fixed interest rate in exchange for receiving the average cash rate recorded over the term of the swap.
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Australian Fixed Income Markets – Recent Developments and a Look Ahead
5 Jun 2023
Speech
PDF
1477KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-05-24.pdf
Some Features of the Australian Fixed Income Market
7 Jun 2018
Speech
PDF
548KB
BBSW) spread to OIS in Australia (Graph 7); similarly, the two spreads have declined oflate by similar orders of magnitude (relative to their respective OIS rates). ... But they remain relatively low and pressures in short-term money markets haveeased,
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-06-06.pdf
Interest Rate Benchmark Reform
15 May 2018
Speech
PDF
191KB
The OIS market is linked to the cash rate and has beenoperating for almost 20 years. ... It already has good liquidity at the short end, and the infrastructure isthere for longer term OIS.
https://www.rba.gov.au/speeches/2018/pdf/sp-dg-2018-05-15-2.pdf
The Stance of Monetary Policy in a World of Numerous Tools
21 Oct 2020
Speech
PDF
258KB
It used to be that looking at the Board's cash rate target, and coming to a view on its likely path (forexample by using overnight indexed swap (OIS) market prices),
https://www.rba.gov.au/speeches/2020/pdf/sp-ag-2020-10-20.pdf
The Why, How and What of Forecasting
5 May 2023
Speech
PDF
745KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-05-03.pdf
08/09/2017 Interest Rate Benchmarks | Speeches http://www.rba.gov.au/speeches/2017/sp-dg-2017-09-08.html ...
8 Sep 2017
PDF
174KB
Reserve Bank of Australia, 2001–2017. All rights reserved. As the RBA's operational target for monetary policy and the reference rate for OIS (overnight indexswap) and other financial contracts, the
https://www.rba.gov.au/speeches/2017/pdf/sp-dg-2017-09-08.pdf
Monetary Policy in 2020
24 Nov 2020
Speech
PDF
404KB
Overnight indexed swap (OIS) rates have declined in line with the. ... The combination of the low cash rate, low OIS rates and the ample supply of liquidity and funding inthe banking system has seen Bank Bill Swap Rates (BBSW) decline to low
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-11-24.pdf
The Usual Transmission – Monetary Policy and Financial Conditions
13 Aug 2019
Speech
PDF
471KB
or OIS for short. ... 3]. Graph 7. But in addition to the change in the stance of monetary policy, the spread of the 3-month bank billswap (BBSW) rate to OIS has declined this year,
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-08-13.pdf
11/27/2019 Unconventional Monetary Policy: Some Lessons From Overseas | ...
26 Nov 2019
Speech
PDF
270KB
period. Currently, the government bond yield curve sits around 20 basis points above the overnightindexed swaps (OIS) curve, which represents the market's average expectation of the futuremonetary policy rate (Graph ... 4). Purchasing government
https://www.rba.gov.au/speeches/2019/pdf/sp-gov-2019-11-26.pdf
Exchange Rates and Inflationary Pressures
23 Oct 2022
Speech
PDF
778KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-ag-2022-10-24.pdf