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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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Earnings and Distribution

16 Oct 2013 RBA Annual Report – 2013
In 2012/13, the Treasurer determined that all earnings available for distribution be credited to the RBRF. ... In addition to the RBRF, the Reserve Bank maintains a number of other financial reserves.
https://www.rba.gov.au/publications/annual-reports/rba/2013/earnings-dist.html

Abbreviations

20 Sep 2018 RBA Annual Report – 2018
RAP. Reconciliation Action Plan. RBA. Reserve Bank of Australia. RBRF. Reserve Bank Reserve Fund.
https://www.rba.gov.au/publications/annual-reports/rba/2018/abbreviations.html

Abbreviations

17 Oct 2019 RBA Annual Report – 2019
RBA. Reserve Bank of Australia. RBRF. Reserve Bank Reserve Fund. RDP.
https://www.rba.gov.au/publications/annual-reports/rba/2019/abbreviations.html

Governor's Foreword

16 Oct 2013 RBA Annual Report – 2013
The Board's view is that the earnings should be devoted in their entirety to rebuilding the Reserve Bank Reserve Fund (RBRF), the Bank's main permanent capital reserve, which had ... The RBRF therefore stands at $2.5 billion and remains well below its
https://www.rba.gov.au/publications/annual-reports/rba/2013/gov-foreword.html

Earnings and Distribution

25 Oct 2010 RBA Annual Report – 2010
In making the transfer from the RBRF, the Board took account of a number of considerations. ... a target, not a minimum requirement, consistent with the RBRF remaining available to absorb losses when necessary.
https://www.rba.gov.au/publications/annual-reports/rba/2010/earnings-dist.html

Note 1 – Summary of Accounting Policies | Financial Statements

2 Sep 2003 RBA Annual Report – 2003
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/2003/fin-statements/note-1.html

Abbreviations

12 Apr 2020 RBA Annual Report – 2020
RAP. Reconciliation Action Plan. RBA. Reserve Bank of Australia. RBRF. Reserve Bank Reserve Fund.
https://www.rba.gov.au/publications/annual-reports/rba/2020/abbreviations.html

Note 1 | Financial Statements

4 Sep 2008 RBA Annual Report – 2008
The RBRF has been funded over the years by transfers from earnings available for distribution and is, in all respects, essentially capital. ... The Reserve Bank Board assesses the adequacy of the balance of the RBRF each year.
https://www.rba.gov.au/publications/annual-reports/rba/2008/fin-statements/note-1.html

Note 3 – Distribution Payable to the Commonwealth | Financial Statements

20 Sep 2018 RBA Annual Report – 2018
Net profits of the RBA, less amounts set aside for contingencies or placed to the credit of the RBRF, are paid to the Commonwealth as required by section 30 of the ... As the Board regarded the balance of the RBRF as appropriate for the risks held on the
https://www.rba.gov.au/publications/annual-reports/rba/2018/financial-statements/note-3.html

Earnings and Distribution

12 Sep 2014 RBA Annual Report – 2014
below. The RBRF is the Reserve Bank's general reserve and is essentially its capital. ... As noted above, the RBRF is funded from transfers from earnings available for distribution.
https://www.rba.gov.au/publications/annual-reports/rba/2014/earnings-dist.html