Search: cash rate explained

Sort by: Relevance Date
1–10 of 92 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

Endogenous Production Networks and Non-linear Monetary Transmission

19 Dec 2023 Research Workshop PDF 2202KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-ghassibe.pdf

Are Inflationary Shocks Regressive? A Feasible Set Approach

19 Dec 2023 Research Workshop PDF 842KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-del-canto-grigsby-qian-walsh.pdf

Bank of England Staff Working Paper No. 827

20 Sep 2019 Research Workshop PDF 4321KB
Employment and the collateral channel of monetary policy
https://www.rba.gov.au/publications/workshops/research/2019/pdf/rba-workshop-2019-foulis.pdf

Mortgage Prepayment and Path-Dependent Effects of Monetary Policy∗ David ...

20 Nov 2018 Research Workshop PDF 691KB
evolutionof the rate gap distribution is driven by all prepayment including rate, cash-out and purchase prepay-ment. ... This unusual increase in refinancing above and beyond what can be explained by the behaviorof mortgage rates coincides exactly with
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-berger.pdf

Credit, Money, Interest and Prices

26 Nov 2018 Research Workshop PDF 1403KB
rates. The average interbank rate is endoge-nous and equal to ı̄ ft. ... When rates onreserves are positive, imt 0, the deposit rate is always positive, regardless Λt.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-bigio.pdf

Consumption Behavior across the Distribution of Liquid Assets

19 Dec 2023 Research Workshop PDF 2239KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-graham-mcdowall.pdf

Household Leverage and the Recession

19 Dec 2019 Research Workshop PDF 1138KB
RBA Workshop 2019
https://www.rba.gov.au/publications/workshops/research/2019/pdf/rba-workshop-2019-jones.pdf

An Estimated Small Open Economy Model with Labour Market Frictions

13 Dec 2012 Research Workshop PDF 787KB
Reserve Bank of Australia Workshop 2012
https://www.rba.gov.au/publications/workshops/research/2012/pdf/jeff-sheen.pdf

Heterogeneous Global Cycles ∗ Maryam Farboodi MIT Péter Kondor ...

2 Dec 2018 Research Workshop PDF 3705KB
Proposition 1 [International Rates]. (i) If θ = H, there is a single common prevailing interest rate, rH. ... different interest rates. The red line (upper line) corresponds to the demand at zero interest rate,.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-farboodi.pdf

Early Pension Withdrawal as Stimulus

19 Dec 2023 Research Workshop PDF 882KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-hamilton-liu-miranda-pinto-sainsbury.pdf