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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Abbreviations
16 Oct 2015
RBA Annual Report
– 2015
RBA. Reserve Bank of Australia. RBRF. Reserve Bank Reserve Fund. RCG.
https://www.rba.gov.au/publications/annual-reports/rba/2015/abbreviations.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
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
Governor's Foreword
12 Sep 2014
RBA Annual Report
– 2014
year. The final step was for the Treasurer to determine that this sum was to be transferred from profit to the Reserve Bank Reserve Fund (RBRF), which means it became available ... As a result, as at 30 June 2014 the RBRF was equivalent to 15.7 per cent
https://www.rba.gov.au/publications/annual-reports/rba/2014/gov-foreword.html
Note 3 – Distribution Payable to the Commonwealth | Financial Statements
12 Sep 2014
RBA Annual Report
– 2014
Section 30 of the Reserve Bank Act requires that the net profits of the RBA, less amounts set aside for contingencies or placed to the credit of the RBRF as determined ... placed from distributable earnings to the credit of the RBRF in 2013/14.
https://www.rba.gov.au/publications/annual-reports/rba/2014/fin-statements/note-3.html
Abbreviations
12 Sep 2014
RBA Annual Report
– 2014
RBRF. Reserve Bank Reserve Fund. RCG. Regional Consultative Group. RDP. Research Discussion Paper.
https://www.rba.gov.au/publications/annual-reports/rba/2014/abbreviations.html
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/
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 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
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