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RBA Glossary definition for bill rate

bill rate – The bill rate is the effective yield to maturity earned by the holder of a bill. The yield is usually expressed as a per annum rate.

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Appendix D: Data Sources and Definitions

31 Dec 2003 RDP 2003-12
Tim Robinson, Andrew Stone and Marileze van Zyl
For the 90-day bank bill rate we use the average level of this series over the last week of each quarter, also available from Table F.1 of the RBA ... Constructed from RBA Bulletin Table ‘Advances Classified by Interest Rates’ [1963:M9–1988:M11].
https://www.rba.gov.au/publications/rdp/2003/2003-12/appendix-d.html

Methodology

31 Dec 2003 RDP 2003-12
Tim Robinson, Andrew Stone and Marileze van Zyl
rate (except in early and late equation vintages); and the first lag of the Southern Oscillation Index (except in early vintages). ... at the Reserve Bank as cash reserves; the 90-day bank bill rate; and a ‘weighted interest rate’ (constructed as an
https://www.rba.gov.au/publications/rdp/2003/2003-12/methodology.html