Search: cash rate explained

Sort by: Relevance Date
1–10 of 19 search results for 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.

Search Results

The Future System for Monetary Policy Implementation - Consultation Paper - April 2024

15 Apr 2024 Consultations PDF 720KB
In this way, the price of OMO repo provides a guide for the cash rate and broader short-term market rates. ... An ample system under full allotment OMO can provide an effective anchor for the cash rate, money market rates and financial conditions more
https://www.rba.gov.au/publications/consultations/202404-future-system-for-monetary-policy-implementation-in-australia/pdf/202404-the-future-system-for-monetary-policy-implementation-in-australia.pdf

Key Features of Repo CCPs | Central Clearing of Repos in Australia: A Consultation Paper | Consultations

6 Mar 2015 Consultations
Instead, the CCP collects initial margin from both the securities provider and the cash provider. ... In such circumstances, the replacement cost risk is entirely a function of repo rates and discount rates.
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/key-features-repo-ccp.html

Appendix A – Study Methodology | Results of the Reserve Bank of Australia's 2010 Consumer Payments Use Study June 2011 | Consultations

7 Jun 2011 Consultations
Respondents were asked about payment behaviour not captured by the payments diary, including questions on cash holding, credit card repayments and use of direct debits. ... 2 – eftpos cash-out. 3 – Visa Debit/Debit MasterCard. 3 – Over-the-counter
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/results/appendix-a.html

Central Clearing of Over-the-counter (OTC) Derivatives in Australia - June 2011

15 Jul 2011 Consultations PDF 875KB
A discussion paper issued by the Council of Financial Regulators
https://www.rba.gov.au/publications/consultations/201106-otc-derivatives/pdf/201106-otc-derivatives.pdf

Strategic Review of Innovation in the Payments System: Results of the Reserve Bank of Australia’s 2010 Consumer Payments Use Study - June…

30 Jun 2011 Consultations PDF 1271KB
Strategic Review of Innovation in the Payments System
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/results/pdf/201106-strategic-review-innovation-results.pdf

Central Clearing of Repos in Australia: A Consultation Paper

25 May 2015 Consultations PDF 389KB
as to keep the cash rate as close as possible to the target set by the Reserve Bank Board. ... At the same time, the Bank contracts an offsetting repo in other CGS or government-related securities, where the repo rate is equal to the cash rate.
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/pdf/201503-central-clearing-of-repos-in-australia.pdf

The Operation of the Interchange Standards: Consultation Paper

28 Feb 2019 Consultations PDF 990KB
current ‘quasi-cash’ approach was a highly manual process. They suggested that an accruals approach,. ... Compliance would not be permitted on a cash or quasi-cash basis.12.
https://www.rba.gov.au/publications/consultations/201902-operation-of-the-interchange-standards/pdf/201902-operation-of-the-interchange-standards.pdf

The RBA's Response to the Consultation on its Proposed RMBS Cash Flow Waterfall Reporting Template | Consultations

18 Jul 2013 Consultations
The RBA's Response to the Consultation on its Proposed RMBS Cash Flow Waterfall Reporting Template
https://www.rba.gov.au/publications/consultations/20130718-response-to-consultation-on-proposed-rmbs-cash-flow-waterfall-reporting-template.html

ISO 20022 Migration for the Australian Payments System – Issues Paper

7 Apr 2019 Consultations PDF 1644KB
A consultation paper issued by the Reserve Bank of Australia and the Australian Payments Council - April 2019
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/pdf/issues-paper.pdf

The Australian Repo Market | Central Clearing of Repos in Australia: A Consultation Paper | Consultations

6 Mar 2015 Consultations
as to keep the cash rate as close as possible to the target set by the Reserve Bank Board. ... At the same time, the Bank contracts an offsetting repo in other CGS or government-related securities, where the repo rate is equal to the cash rate.
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/australian-repo-market.html