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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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
Earnings and Distribution
28 Jul 2004
RBA Annual Report
– 2004
At 30 June 2004, the balance of the RBRF stood at $6,285 million. ... In addition to the RBRF, the RBA maintains a number of other financial reserves.
https://www.rba.gov.au/publications/annual-reports/rba/2004/earnings-dist.html
Earnings and Distribution
8 Sep 2005
RBA Annual Report
– 2005
The Reserve Bank Reserve Fund (RBRF) is the Reserve Bank's permanent general reserve. ... At 30 June 2005, the balance of the RBRF stood at $6,285 million.
https://www.rba.gov.au/publications/annual-reports/rba/2005/earnings-dist.html
Note 3 – Distribution Payable to Australian Government | Financial Statements
29 Aug 2011
RBA Annual Report
– 2011
is initially charged against other sources of income and then taken to the RBRF. ... a transfer of $2,248 million from the Unrealised Profits Reserve and a transfer of $680 million from the RBRF.
https://www.rba.gov.au/publications/annual-reports/rba/2011/fin-statements/note-3.html
Abbreviations
25 Sep 2017
RBA Annual Report
– 2017
RAP. Reconciliation Action Plan. RBA. Reserve Bank of Australia. RBRF. Reserve Bank Reserve Fund.
https://www.rba.gov.au/publications/annual-reports/rba/2017/abbreviations.html
Governor's Foreword
25 Oct 2010
RBA Annual Report
– 2010
Any remaining loss beyond the capacity of this reserve is charged against the Reserve Bank Reserve Fund (RBRF), a capital reserve maintained for exactly such circumstances. ... Second, it will be prudent to seek to rebuild the RBRF over coming years by
https://www.rba.gov.au/publications/annual-reports/rba/2010/gov-foreword.html
Note 3 – Distribution Payable to Australian Government | Financial Statements
25 Oct 2010
RBA Annual Report
– 2010
is initially charged against other sources of income and then taken to the RBRF. ... As a result, the Board transferred an amount of $680 million from the RBRF to offset the loss as measured on this basis.
https://www.rba.gov.au/publications/annual-reports/rba/2010/fin-statements/note-3.html
Note 3 – Distribution Payable to Australian Government | Financial Statements
10 Sep 2012
RBA Annual Report
– 2012
RBRF. In 2011/12, the Bank recorded an accounting profit of $1,076 million. ... to the Australian Government and that $596 million will be placed to the credit of the RBRF.
https://www.rba.gov.au/publications/annual-reports/rba/2012/fin-statements/note-3.html
Earnings and Distribution
21 Aug 2002
RBA Annual Report
– 2002
exposed. At 30 June 2002, the balance of the RBRF stood at $6,152 million, more than 10 per cent of the RBA's total assets. ... Since the Board viewed the balance in the RBRF as satisfactory at the end of the financial year, it did not seek a transfer
https://www.rba.gov.au/publications/annual-reports/rba/2002/earnings-dist.html
Earnings and Distribution
20 Aug 2009
RBA Annual Report
– 2009
The Reserve Bank Reserve Fund (RBRF) is established by the Reserve Bank Act as a permanent general reserve. ... The balance of distributable earnings after any transfer to the RBRF is payable as a dividend to the Australian Government.
https://www.rba.gov.au/publications/annual-reports/rba/2009/earnings-dist.html