Search: RITS
RBA Glossary definition for RITS
RITS – The Reserve Bank Information and Transfer System (RITS) was established in August 1991 and is operated by the Reserve Bank of Australia. RITS is Australia's Real-Time Gross Settlement (RTGS) system, which plays a central role in the Australian payments clearing and settlement system.
RITS is the means by which Exchange Settlement Accounts are accessed and membership is compulsory for all Australian-licensed banks and participants in the Reserve Bank's domestic market operations.
Search Results
Market Operations in the Past Year
17 Nov 2008
Bulletin
PDF
66KB
Address by Dr Guy Debelle, Assistant Governor (Financial Markets), to 2008 FTA Congress, Melbourne, 31 October 2008
https://www.rba.gov.au/publications/bulletin/2008/nov/pdf/bu-1108-4.pdf
An Assessment of the Term Funding Facility
16 Sep 2021
Bulletin
– September 2021
The Term Funding Facility (TFF) was announced by the Reserve Bank Board in March 2020 as part of the comprehensive policy package to support the Australian economy in response to the COVID-19 pandemic.
https://www.rba.gov.au/publications/bulletin/2021/sep/an-assessment-of-the-term-funding-facility.html
The Cash Market
13 Dec 2016
Bulletin
December Quarter 2016
PDF
857KB
https://www.rba.gov.au/publications/bulletin/2016/dec/pdf/rba-bulletin-2016-12-the-cash-market.pdf
Reforming the Australian Payments System: The State of Play
10 Apr 1993
Bulletin
– April 1993
So also did the establishment by the Reserve Bank of RITS, which put the Commonwealth Government Securities market on an electronic register and provided for delivery of securities against irrevocable EFT
https://www.rba.gov.au/publications/bulletin/1993/apr/5.html
The New Payments Platform and Fast Settlement Service
20 Sep 2018
Bulletin
– September 2018
A significant advance in the Australian payments system occurred in February 2018 with the public launch of the New Payments Platform (NPP).
https://www.rba.gov.au/publications/bulletin/2018/sep/the-new-payments-platform-and-fast-settlement-service.html
Fast Retail Payment Systems
17 Dec 2014
Bulletin
December Quarter 2014
PDF
3057KB
https://www.rba.gov.au/publications/bulletin/2014/dec/pdf/bu-1214-6.pdf
Australian Financial Markets
22 Feb 2001
Bulletin
PDF
78KB
In preparation for theintroduction of RTGS, it was decided that theReserve Bank would be prepared to deal withall members of the Reserve Bank Informationand Transfer System (RITS), the electronicsystem for settlement ... RITS has 240 members, including
https://www.rba.gov.au/publications/bulletin/1999/mar/pdf/bu-0399-1.pdf
Open Market Operations
17 Jun 2003
Bulletin
PDF
79KB
Transfer System (RITS) – is.
https://www.rba.gov.au/publications/bulletin/2003/jun/pdf/bu-0603-1.pdf
Reforming the Australian Payments System: The State of Play
12 Feb 2003
Bulletin
PDF
487KB
So also didthe establishment by the Reserve Bankof RITS, which put the CommonwealthGovernment Securities market on anelectronic register and provided fordelivery of securities against irrevocableEFT payments.While progress has been made,
https://www.rba.gov.au/publications/bulletin/1993/apr/pdf/bu-0493-5.pdf
G20 Financial Regulatory Reforms and Australia
18 Sep 2013
Bulletin
PDF
485KB
Reserve Bank of Australia Bulletin September Quarter 2013
https://www.rba.gov.au/publications/bulletin/2013/sep/pdf/bu-0913-9.pdf