Search: bank accepted bill of exchange
RBA Glossary definition for bank accepted bill of exchange
bank accepted bill of exchange – A bank accepted bill of exchange is a bill of exchange that lists a bank as the acceptor of the bill. As an acceptor, a bank has a liability to pay the holder the face value of the bill at maturity. In certain circumstances, the liability is contingent on the borrower, or drawer, defaulting.
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Box C: Reserve Bank Open Market Operations
10 Nov 2007
SMP
– November 2007
The Bank conducted a greater share of its operations as repos collateralised by bank bills and certificates of deposit (CDs), with an offsetting decline in the share collateralised by government securities. ... As a result, the share of the Bank's
https://www.rba.gov.au/publications/smp/2007/nov/box-c.html
Box B: The Greek Private Sector Debt Swap
10 May 2012
SMP
– May 2012
A key element of the second Greek assistance package of 130 billion was private sector involvement (PSI) in a Greek government debt exchange. ... The net present value loss accepted by private sector bondholders was around 75 per cent based on market
https://www.rba.gov.au/publications/smp/2012/may/box-b.html
Domestic Financial Conditions
5 Nov 2021
SMP
– November 2021
Bank bill swap rates (BBSW) and the cost of Australian dollar funding from offshore short-term issuance (via the foreign exchange swap market) moved a little higher over the past three ... Under the CLF, the Reserve Bank provides a commitment (in
https://www.rba.gov.au/publications/smp/2021/nov/domestic-financial-conditions.html
Domestic Financial Conditions
4 Feb 2022
SMP
– February 2022
In particular, three-month bank bill swap rates (BBSW) have moved a few basis points higher over the past three months, but remain very low. ... Bank bond spreads to reference rates rose in late 2021, increasing the cost of new debt issuance for banks.
https://www.rba.gov.au/publications/smp/2022/feb/domestic-financial-conditions.html
International Comparisons | International Comparisons of Bank Margins – August 1994 | Bank Fees and Margins | Submissions
1 Aug 1994
Submissions
income (and adding the stock of bank accepted bills held outside banks to interest-earning assets). ... Australia lies around the middle. As noted earlier, fees on bank bills are an important source of income for Australian banks.
https://www.rba.gov.au/publications/submissions/financial-sector/international-comparisons-of-bank-margins/internationall-comparisons.html
Present Regulatory Responsibilities | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
The Banking Act specifies two broad objectives for bank supervision. The first is to protect the depositors of banks. ... Banks' other liabilities fall outside this definition, although a broader definition may encompass some marketable instruments which
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/present-regulatory-responsitilities.html
International Economic Developments
10 Feb 2015
SMP
– February 2015
Growth of trust loans and bank accepted bills – which have contributed significantly to growth in non-bank and off-balance sheet financing in recent years – has slowed noticeably over the past ... The Reserve Bank of New Zealand has responded by
https://www.rba.gov.au/publications/smp/2015/feb/intl-eco-dev.html
International Economic Developments
10 Aug 2011
SMP
– August 2011
in the credit statistics, have expanded over the past two years, while the issuance of bank accepted bills has become an increasingly important source of funding in China. ... In response to persistently high inflation, the Reserve Bank of India has
https://www.rba.gov.au/publications/smp/2011/aug/intl-eco-dev.html
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
Inclusion of the Australian dollar in CLS Bank International (CLS) has addressed the bulk of foreign exchange settlement risk. ... liberalised, including access to Exchange Settlement Accounts (ESAs) at the Bank and access to clearing systems managed by
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html
Appendix 1: Changes to Bank Regulations | Submission to the Inquiry into the Australian Banking Industry – January 1991 | Financial Sector…
1 Jan 1991
Submissions
The Reserve Bank ceased to absorb the trading banks' net positions in forward exchange at the end of each working day. ... Banks were no longer required to clear their spot foreign exchange positions with the Reserve Bank each day.
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-australian-banking-industry/appendix-1.html