Search: interbank overnight rate
RBA Glossary definition for interbank overnight rate
interbank overnight rate – The interbank overnight rate (also known as the cash rate) is the interest rate which banks pay or charge to borrow funds from or lend funds to other banks on an overnight unsecured basis. The Reserve Bank of Australia uses this rate as an operational target for the implementation of monetary policy. The Reserve Bank of Australia calculates and publishes this rate each day on the basis of data collected directly from banks. The interbank overnight rate has been published by the Reserve Bank of Australia since June 1998.
Search Results
Liquidity, Financial Crises and the Lender of Last Resort – How Much of a Departure is the Sub-prime Crisis? | Conference – 2008
14 Jul 2008
Conferences
These combined features led to the emergence of historically large interest rate premia – and quantity-rationing of funds – in the domestic interbank markets in the United States, the United Kingdom and ... Extreme tightness of the interbank market
https://www.rba.gov.au/publications/confs/2008/davis.html
Domestic Financial Conditions
5 Nov 2020
SMP
– November 2020
14). The rates on 3-month bank bills (BBSW) have recently edged lower to be around 3 basis points, broadly in line with the overnight indexed swap rate (OIS). ... Graph 4.22. Table 4.1: Average Outstanding Housing Rates. September 2020. Interest rate.
https://www.rba.gov.au/publications/smp/2020/nov/domestic-financial-conditions.html
Financial Conditions and Downside Risk to Economic Activity in Australia
23 Mar 2021
RDP
2021-03
FCIs are constructed as a weighted average of a broad range of indicators, including asset prices, credit, money, interest rates and the exchange rate. ... Aus. 1974:Q4. 2020:Q3. LV. Interest rates and spreads. 3. Overnight cash rate (OCR).
https://www.rba.gov.au/publications/rdp/2021/2021-03/full.html
See 2 more results from "RDP 2021-03"
The Global Financial Environment
10 Sep 2014
FSR
– September 2014
Spreads on short-term interbank loans remain close to their lowest levels since 2007. ... Over the past six months, the RBNZ has also increased the overnight cash rate by one percentage point.
https://www.rba.gov.au/publications/fsr/2014/sep/global-fin-env.html
Appendix A: Emergency Liquidity Injection Policies in Europe and the United States
9 Oct 2019
RDP
2019-10
interest rate bid; the amount auctioned was calibrated to leave the outcome interest rate a certain level above the ‘deposit rate’ that the ECB pays banks on their overnight cash holdings. ... Over the same period the interest rate on the ECB's
https://www.rba.gov.au/publications/rdp/2019/2019-10/appendix-a.html
See 2 more results from "RDP 2019-10"
Appendix A: Data
31 Dec 2014
RDP
2014-11
RDP 2014-11: Exchange Rate Movements and the Australian Economy Appendix A: Data. ... Overnight cash rate: Overnight cash rate, averaged over the quarter. Nominal official cash rate until June 1998, and then the interbank overnight rate (RBA statistical
https://www.rba.gov.au/publications/rdp/2014/2014-11/appendix-a.html
Bulletin June Quarter 2023
29 Sep 2023
Bulletin
- June 2023
PDF
7089KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/bulletin-2023-06.pdf
The Reserve Bank's Open Market Operations
10 Jun 2003
Bulletin
– June 2003
The cash rate is determined in the interbank market for unsecured overnight loans. ... The Reserve Bank conducts a daily survey of the interest rates paid in the interbank cash market.
https://www.rba.gov.au/publications/bulletin/2003/jun/1.html
The Economics of Shadow Banking | Conference – 2013
19 Aug 2013
Conferences
This has resulted in market segmentation and creates a wedge in money market rates because overnight rates for depository institutions cannot trade below the floor of the corridor, while the rates ... Thus the effective federal funds rate, which is
https://www.rba.gov.au/publications/confs/2013/singh.html
2019
8 Feb 2019
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2019/