Search: RBRF
RBA Glossary definition for RBRF
RBRF – Reserve Bank Reserve Fund. A general reserve which provides for events which are contingent and non-foreseeable, including to cover exceptional losses on RBA's holdings of domestic and foreign securities that cannot be absorbed by its other resources; the RBRF also provides for potential losses from fraud and other non-insured losses. Amounts set aside for this reserve are determined by the Treasurer after consultation with the Board.
Search Results
Earnings and Distribution
29 Aug 2011
RBA Annual Report
– 2011
The RBRF is a permanent reserve established by section 29 of the Reserve Bank Act. ... The balance of the RBRF plus asset revaluation reserves stood at 7 per cent of total assets on 30 June 2011.
https://www.rba.gov.au/publications/annual-reports/rba/2011/earnings-dist.html
Reserve Bank of Australia Annual Report – 2021
21 Oct 2021
Annual Report
A sum of $1.2 billion was transferred to the Reserve Bank Reserve Fund (RBRF), consistent with the Reserve Bank Board's target for this reserve; $2.7 billion will be
https://www.rba.gov.au/publications/annual-reports/rba/2021/
Notes to and Forming Part of the Financials Statements
27 Oct 2022
RBA Annual Report
– October 2022
The Reserve Bank Reserve Fund (RBRF) is also established by the Reserve Bank Act and is regarded essentially as capital. ... h)). The Board assesses the adequacy of the balance of the RBRF each year (see Earnings, Distribution and Capital chapter).
https://www.rba.gov.au/publications/annual-reports/rba/2022/financial-statements/notes.html
Reserve Bank of Australia Annual Report – 2022
27 Oct 2022
Annual Report
Of the $36.7 billion loss, $15.9 billion has been absorbed by the unrealised profits reserve (UPR) and the Reserve Bank Reserve Fund (RBRF). ... the RBRF to the Boards target.
https://www.rba.gov.au/publications/annual-reports/rba/2022/
Note 1 – Accounting Policies | Financial Statements
16 Oct 2015
RBA Annual Report
– 2015
The RBRF also provides for other risks such as fraud and operational risk. ... The Reserve Bank Board assesses the adequacy of the balance of the RBRF each year.
https://www.rba.gov.au/publications/annual-reports/rba/2015/fin-statements/note-1.html
Note 1 – Accounting Policies | Financial Statements
25 Sep 2017
RBA Annual Report
– 2017
The RBRF also provides for other risks such as fraud and operational risk. ... The Reserve Bank Board assesses the adequacy of the balance of the RBRF each year.
https://www.rba.gov.au/publications/annual-reports/rba/2017/financial-statements/note-1.html
Earnings and Distribution
16 Oct 2015
RBA Annual Report
– 2015
The RBRF is the Reserve Bank's general reserve and essentially its capital. ... the equivalent of this sum be transferred from net profit to the RBRF.
https://www.rba.gov.au/publications/annual-reports/rba/2015/earnings-and-distribution.html
Review of the Bond Purchase Program
21 Sep 2022
Speech
Speech delivered by Michele Bullock, Deputy Governor, Bloomberg, Sydney
https://www.rba.gov.au/speeches/2022/sp-dg-2022-09-21.html
Earnings, Distribution and Capital
27 Oct 2022
RBA Annual Report
– October 2022
Of the $36.7 billion loss, $15.9 billion has been absorbed by the unrealised profits reserve (UPR) and the Reserve Bank Reserve Fund (RBRF). ... A further $15.4 billion was charged against the RBRF, bringing the balance of this reserve to nil.
https://www.rba.gov.au/publications/annual-reports/rba/2022/earnings-distribution-and-capital.html