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.
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Operations in Financial Markets
17 Oct 2019
RBA Annual Report
– 2019
The Reserve Bank Board's operational target for monetary policy is the cash rate – the rate at which banks borrow and lend to each other on an overnight, unsecured basis. ... The cash rate is also a significant financial benchmark referenced in
https://www.rba.gov.au/publications/annual-reports/rba/2019/operations-in-financial-markets.html
Reserve Bank of Australia Annual Report 2021 - Financial Statements
29 Sep 2022
RBA Annual Report
2021
PDF
480KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/financial-statements.pdf
Banking and Payment Services
9 Aug 2023
RBA Annual Report
- 2022
PDF
351KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/banking-and-payment-services.pdf
Operations in Financial Markets
25 Sep 2017
RBA Annual Report
– 2017
The Reserve Bank Board's operational target for monetary policy is the cash rate – the rate at which banks borrow and lend to each other on an overnight, unsecured basis. ... The cash rate is a significant financial benchmark referenced in overnight
https://www.rba.gov.au/publications/annual-reports/rba/2017/operations-in-financial-markets.html
Operations in Financial Markets
12 Sep 2014
RBA Annual Report
– 2014
To assess whether the target has been achieved, the Reserve Bank collects data from ES account holders on their unsecured borrowing and lending in the overnight interbank market. ... Prior to this change, the Bank had still been capturing around 85 per
https://www.rba.gov.au/publications/annual-reports/rba/2014/ops-fin-mkts.html
Operations in Financial Markets
20 Sep 2018
RBA Annual Report
– 2018
The Reserve Bank Board's operational target for monetary policy is the cash rate – the rate at which banks borrow and lend to each other on an overnight, unsecured basis. ... The cash rate is also a significant financial benchmark referenced in
https://www.rba.gov.au/publications/annual-reports/rba/2018/operations-in-financial-markets.html
Reserve Bank of Australia Annual Report 2021 - Operations in Financial Markets
21 Oct 2021
RBA Annual Report
2021
PDF
658KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/operations-in-financial-markets.pdf
Operations in Financial Markets
16 Oct 2015
RBA Annual Report
– 2015
To assess whether the target has been achieved, each day the Reserve Bank collects data from Exchange Settlement (ES) account holders on their unsecured borrowing and lending in the overnight interbank ... to advance funds overnight against eligible
https://www.rba.gov.au/publications/annual-reports/rba/2015/operations-in-financial-markets.html
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. ... The overnight repo rate on securities obtained through the facility is set 300 basis points below the cash rate or at 25 basis points, whichever is the greater.
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/australian-repo-market.html
Reserve Bank of Australia Annual Report 2021 - Banking and Payment Services
18 Oct 2021
RBA Annual Report
2021
PDF
233KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/banking-and-payment.pdf