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 – 2013
16 Oct 2013
Annual Report
As agreed with the Treasurer, the Bank's distributable earnings of $588 million in 2012/13 will be devoted entirely to rebuilding the Reserve Bank Reserve Fund (RBRF), the Bank's
https://www.rba.gov.au/publications/annual-reports/rba/2013/
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
Earnings and Distribution
24 Oct 2016
RBA Annual Report
– 2016
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 essentially its capital.
https://www.rba.gov.au/publications/annual-reports/rba/2016/earnings-and-distribution.html
Earnings, Distribution and Capital
12 Apr 2020
RBA Annual Report
– 2020
40. 40. Total. 30,332. 28,912. Source: RBA. The RBRF is funded from transfers from earnings available for distribution. ... The Reserve Bank Board has a framework for the RBRF that assesses and assigns capital to exposures of different risk.
https://www.rba.gov.au/publications/annual-reports/rba/2020/earnings-distribution-and-capital.html
Earnings, Distribution and Capital
25 Sep 2017
RBA Annual Report
– 2017
The remainder of distributable earnings after any transfer to the RBRF is payable as a dividend to the Commonwealth. ... gains. 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/2017/earnings-distribution-and-capital.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
Note 1 – Accounting Policies | Financial Statements
29 Aug 2011
RBA Annual Report
– 2011
Reserve Bank Act 1959. The Reserve Bank Reserve Fund (RBRF) is also established by the. ... Accordingly, the RBRF will be reduced by an amount of $4,866 million.
https://www.rba.gov.au/publications/annual-reports/rba/2011/fin-statements/note-1.html
Note 1 – Accounting Policies | Financial Statements
12 Sep 2014
RBA Annual Report
– 2014
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/2014/fin-statements/note-1.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
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