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.
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Reserve Bank of Australia Annual Report 2023
16 Oct 2023
RBA Annual Report
- 2023
PDF
307KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/earnings-distribution-and-capital.pdf
Abbreviations
27 Oct 2022
RBA Annual Report
– 2022
RAP. Reconciliation Action Plan. RBA. Reserve Bank of Australia. RBRF. Reserve Bank Reserve Fund.
https://www.rba.gov.au/publications/annual-reports/rba/2022/abbreviations.html
Note 1 – Summary of Accounting Policies | Financial Statements
21 Aug 2002
RBA Annual Report
– 2002
The Reserve Bank Reserve Fund (RBRF) is a general reserve which provides for events which are contingent and non-foreseeable, mainly those which arise from movements in market values of the ... RBA's holdings of Australian dollar and foreign securities;
https://www.rba.gov.au/publications/annual-reports/rba/2002/fin-statements/note-1.html
Earnings, Distribution and Capital
9 Aug 2023
RBA Annual Report
- 2022
PDF
406KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/earnings-distribution-and-capital.pdf
Note 1 – Accounting Policies | Financial Statements
16 Oct 2013
RBA Annual Report
– 2013
The RBRF also provides for other risks to which the RBA is exposed, including 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/2013/fin-statements/note-1.html
Earnings, Distribution and Capital
17 Oct 2019
RBA Annual Report
– 2019
These include the RBRF, which is the Reserve Bank's general reserve established under the Reserve Bank Act. ... 40. Total. 28,912. 25,377. Source: RBA. The RBRF is funded from transfers from earnings available for distribution.
https://www.rba.gov.au/publications/annual-reports/rba/2019/earnings-distribution-and-capital.html
RBAFOI-131407
1 Dec 2013
PDF
553KB
Correspondence between the RBA and the Treasurer regarding the Reserve Fund since 1 July 2011
https://www.rba.gov.au/information/foi/disclosure-log/pdf/131407.pdf
Note 1 – Summary of Accounting Policies | Financial Statements
24 Aug 2001
RBA Annual Report
– 2001
The decision was made to transfer the funds in the RCGP to the RBRF, and to close the RCGP. ... The RBRF is now a general reserve providing for all risks previously covered by both the RBRF and RCGP.
https://www.rba.gov.au/publications/annual-reports/rba/2001/fin-statements/note-1.html
Note 3 – Distribution Payable to the Commonwealth
21 Oct 2021
RBA Annual Report
– 2021
Net profits of the RBA, less amounts transferred to the RBRF, are paid to the Commonwealth as required by section 30 of the Reserve Bank Act (see Note 1(h)). ... and any remaining loss is absorbed by the RBRF.
https://www.rba.gov.au/publications/annual-reports/rba/2021/financial-statements/note-3.html
Earnings, Distribution and Capital
20 Sep 2018
RBA Annual Report
– 2018
The remainder of distributable earnings after any transfer to the RBRF is payable as a dividend to the Commonwealth. ... The RBRF is the Reserve Bank's general reserve and is the main component of the Bank's capital.
https://www.rba.gov.au/publications/annual-reports/rba/2018/earnings-distribution-and-capital.html