Search: agency banking
RBA Glossary definition for agency banking
agency banking – Since 1 July 1999 all Australian Government departments and agencies have been responsible for their own individual banking arrangements. Under devolved banking arrangements, agencies are required to test the services previously provided by the Reserve Bank of Australia (RBA) against what is available from other financial institutions. However, the Australian Government's core account, the Official Public Account, remained with the RBA. A system sweeps balances of Australian Government departments and agencies from their transactional banker to the Official Public Account at the RBA each night.
Search Results
Statement on Monetary Policy - August 2009
7 Aug 2009
SMP
PDF
1115KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2009/aug/pdf/0809.pdf
Statement on Monetary Policy
6 May 2022
SMP
- May 2022
PDF
5769KB
https://www.rba.gov.au/publications/smp/2022/may/pdf/statement-on-monetary-policy-2022-05.pdf
International and Foreign Exchange Markets
10 Feb 2009
SMP
– February 2009
Governments across the world have continued to unveil new measures and modify existing measures aimed at stabilising their banking sectors. ... Rating agencies have recently downgraded the ratings and outlooks of a number of major US and European banks.
https://www.rba.gov.au/publications/smp/2009/feb/intl-fx-mkts.html
Domestic Financial Markets
8 May 2014
SMP
– May 2014
PDF
1432KB
https://www.rba.gov.au/publications/smp/2014/may/pdf/dom-fin-mkts.pdf
International and Foreign Exchange Markets
10 May 2010
SMP
– May 2010
Final purchases of agency mortgage-backed securities and agency debt occurred in March. ... Ireland's National Asset Management Agency, set up to buy non-performing loans, began its first loan purchases in March.
https://www.rba.gov.au/publications/smp/2010/may/intl-fx-mkts.html
Statement of Monetary Policy - February 2019
10 Feb 2020
SMP
PDF
8136KB
https://www.rba.gov.au/publications/smp/2019/feb/pdf/statement-on-monetary-policy-2019-02.pdf
International and Foreign Exchange Markets
10 Aug 2012
SMP
– August 2012
The Spanish Government has been granted official assistance from the euro area to recapitalise its troubled banking sector. ... be channelled through Spain's bank restructuring agency and will therefore increase the central government's indebtedness.
https://www.rba.gov.au/publications/smp/2012/aug/intl-fx-mkts.html
International and Foreign Exchange Markets
10 Feb 2015
SMP
– February 2015
The scope of ECB purchases was widened from covered bonds and asset-backed securities to include securities issued by euro area governments, agencies and European institutions. ... In contrast, there was a continued net outflow from the private financial
https://www.rba.gov.au/publications/smp/2015/feb/intl-fx-mkts.html
International and Foreign Exchange Markets
10 Nov 2013
SMP
– November 2013
US mortgage interest rates have moved in line with yields on agency MBS, and despite their recent decline remain well above the levels observed in 2012. ... These gains occurred despite the details of the ECB's planned comprehensive assessment of the
https://www.rba.gov.au/publications/smp/2013/nov/intl-fx-mkts.html
Statement on Monetary Policy - May 2017
10 Feb 2020
SMP
- May 2017
PDF
7556KB
https://www.rba.gov.au/publications/smp/2017/may/pdf/statement-on-monetary-policy-2017-05.pdf