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RBA Glossary definition for OTC

OTC – over-the-counter

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Credit, Money, Interest and Prices

26 Nov 2018 Research Workshop PDF 1403KB
ψt Bt = ψ. t B. t. (7). The interbank market is over-the-counter (OTC) market (as in Ashcraft and Duffie, 2007; Afonsoand Lagos, 2012) and, thus, there are many interest
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-bigio.pdf