Search: cash rate explained
RBA Glossary definition for Cash Rate
Cash Rate – The interest rate which banks pay to borrow funds from other banks in the money market on an overnight basis. The cash rate is the Reserve Bank of Australia's operational target for the implementation of monetary policy. It is also an important financial benchmark in the Australian financial markets. It is used as the reference rate for Australian dollar Overnight Indexed Swaps (OIS) and the ASX 30 Day Interbank Cash Rate Futures. The Reserve Bank of Australia is the administrator of the cash rate. The cash rate is calculated as the weighted average interest rate on overnight unsecured loans between banks settled in the Reserve Bank Information and Transfer System (RITS). The Cash Rate is also known by the acronym AONIA in financial markets.
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Earnings, Distribution and Capital
25 Sep 2017
RBA Annual Report
– 2017
A depreciation of the Australian dollar or a decline in interest rates results in valuation gains. ... incorporated significant adverse movements in the exchange rate and interest rates drawn from historical experience.
https://www.rba.gov.au/publications/annual-reports/rba/2017/earnings-distribution-and-capital.html
Payments System Board Annual Report 2020
14 Oct 2020
PSB Annual Report
2020
PDF
7381KB
https://www.rba.gov.au/publications/annual-reports/psb/2020/pdf/2020-psb-annual-report.pdf
Trends in Payments, Clearing and Settlement Systems
15 Oct 2020
PSB Annual Report
– 2020
Table 2: Non-cash Payments. 2019/20. Average annual growth. 2009/10 to 2019/20. ... Larger merchants are more likely to benefit from favourable interchange rates from card schemes.
https://www.rba.gov.au/publications/annual-reports/psb/2020/trends-in-payments-clearing-and-settlement-systems.html
RBA Annual Report 1999 - The Bank's Earnings
21 Feb 2001
Annual Report
PDF
276KB
Interest rate futures, foreign currency swaps and call options purchased are off-balance sheetitems. ... Interest rate risk. Interest rate risk is the risk that the value of a financial instrument will fluctuate due tochanges in market interest rates.
https://www.rba.gov.au/publications/annual-reports/rba/1999/pdf/earnings.pdf
Reserve Bank of Australia Annual Report 2012
21 Sep 2012
RBA Annual Report
2012
PDF
4492KB
https://www.rba.gov.au/publications/annual-reports/rba/2012/pdf/2012-report.pdf
Reserve Bank of Australia Annual Report 2020 - Operations in Financial Markets
14 Oct 2020
Annual Report
PDF
919KB
The cash rate is the interest rate on unsecured overnight loans between banks. ... at an interest rate of 25 basis points above the cash rate target.
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/operations-in-financial-markets.pdf
Statement on the Conduct of Monetary Policy
30 Jun 1997
RBA Annual Report
– 1997
However, the Government will no longer make parallel announcements of monetary policy adjustments, when the Reserve Bank changes the overnight cash rate. ... Changes in policy and related reasons are now clearly announced and explained.
https://www.rba.gov.au/publications/annual-reports/rba/1997/state-conduct.html
Governor's Foreword
3 Aug 1999
RBA Annual Report
– 1999
The Bank was a purchaser of Australian dollars briefly in late August/early September 1998 when the exchange rate fell to US55 cents, but did not undertake any further intervention over ... The only monetary policy move was an easing in early December
https://www.rba.gov.au/publications/annual-reports/rba/1999/gov-foreword.html
Payments System Board Annual Report 2000
9 Apr 2013
PSB Annual Report
2000
PDF
2953KB
https://www.rba.gov.au/publications/annual-reports/psb/2000/pdf/2000-psb-annual-report.pdf
Surveillance of the Financial System | Reserve Bank of Australia Annual Report - 1992
30 Jun 1992
Annual Report
As one indicator of this, the rate of increase of non-performing loans slowed markedly. ... cash reserves of the commercial banks and other participants in the short-term money market.
https://www.rba.gov.au/publications/annual-reports/rba/1992/sur-fin-system.html