Search: central bank
RBA Glossary definition for central bank
central bank – A non-commercial bank, which may or may not be independent of government, which has some or all of the following functions: conduct monetary policy; oversee the stability of the financial system; issue currency notes; act as banker to the government; supervise financial institutions and regulate payments systems.
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Unconventional Monetary Policy
15 Apr 2024
PDF
210KB
RESERVE BANK OF AUSTRALIA | Education 1Unconventional Monetary Policy. For several decades, central banks in advanced economies typically used a policy interest rate as their tool for conducting monetary policy. ... While the details differed between
https://www.rba.gov.au/education/resources/explainers/pdf/unconventional-monetary-policy.pdf
Bonds and the Yield Curve
15 Apr 2024
PDF
213KB
Forward guidance has tended to involve a commitment by central banks to keep policy interest rates low for a time or until the central bank has achieved a measurable goal (such ... Asset purchases involve the outright purchase of assets by the central
https://www.rba.gov.au/education/resources/explainers/pdf/bonds-and-the-yield-curve.pdf
The Future System for Monetary Policy Implementation - Consultation Paper - April 2024
15 Apr 2024
Consultations
PDF
720KB
The principles were informed by theory and the experience of peer central banks. ... 6. Operational effectiveness. An operationally effective system minimises operational risks and costs to the central bank and its counterparties.
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
Increasing the Threshold for the Application of the Financial Stability Standards for Securities Settlement Facilities: Conclusions Paper
15 Apr 2024
Consultations
PDF
506KB
If a securities settlement facility has access to routine credit at the central bank of issue, the securities. ... A securities settlement facility should not assume the availability of emergency central bank credit as part of its liquidity plan.
https://www.rba.gov.au/publications/consultations/2023-11-increasing-the-fss-threshold-for-sffs/pdf/2023-11-increasing-the-fss-threshold-for-sffs-conclusions-paper.pdf
Read me file for Valuing Safety and Privacy in Retail Central Bank Digital Currency
10 Apr 2024
RDP
PDF
158KB
RDP 2024-02 supplementary information
https://www.rba.gov.au/publications/rdp/2024/2024-02/rdp-2024-02-read-me.pdf
Non-technical summary for 'Valuing Safety and Privacy in Retail Central Bank Digital Currency'
7 Apr 2024
RDP
PDF
146KB
RDP 2024-02 non-technical summary
https://www.rba.gov.au/publications/rdp/2024/2024-02/rdp-2024-02-non-technical-summary.pdf
Online Appendix: Valuing Safety and Privacy in Retail Central Bank Digital Currency
4 Apr 2024
RDP
PDF
190KB
RDP 2024-02 online appendix
https://www.rba.gov.au/publications/rdp/2024/2024-02/rdp-2024-02-online-appendix.pdf
Valuing Safety and Privacy in Retail Central Bank Digital Currency
4 Apr 2024
RDP
PDF
1594KB
risky. For example, European Central Bank (2021) shows that stated preferences for privacy can. ... features constant, but some respondents might still have been sceptical that a central bank.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-02.pdf
Financing SME Innovation in Australia – Challenges and Opportunities
4 Apr 2024
Speech
PDF
956KB
Speech - 2024
https://www.rba.gov.au/speeches/2024/pdf/sp-ag-2024-04-04.pdf
How the Reserve Bank Implements Monetary Policy
2 Apr 2024
PDF
164KB
Because the Reserve Bank is Australia's central bank and controls banknotes available to the public, ES balances are considered to be the equivalent of cash. ... If interest rates in the market were lower than the deposit rate paid by the Reserve Bank,
https://www.rba.gov.au/education/resources/explainers/pdf/how-the-reserve-bank-implements-monetary-policy.pdf