Search: interbank overnight rate

Sort by: Relevance Date
4150 of 421 search results for 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

Operations in Financial Markets

4 Sep 2008 RBA Annual Report – 2008
The Reserve Bank Board implements monetary policy by setting a target for the cash rate – the interest rate on overnight unsecured loans in the interbank market. ... This rate affects interest rates in other wholesale and retail markets, which in turn
https://www.rba.gov.au/publications/annual-reports/rba/2008/balance-sheet.html

Financial Market Infrastructures

27 Sep 2022 PSB Annual Report - 2022 PDF 858KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/financial-market-infrastructures.pdf

Reserve Bank of Australia Annual Report 2020 - Operations in Financial Markets

14 Oct 2020 Annual Report PDF 919KB
The cash rate is the interest rate on unsecured overnight loans between banks. ... The cash rate. The Reserve Bank is the administrator of the cash rate, which is a significant financial benchmark referenced in overnight indexed swaps and the ASX’s
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/operations-in-financial-markets.pdf

Operations in Financial Markets

16 Oct 2013 RBA Annual Report – 2013
During 2012/13, the overnight repo facility was accessed only twice. These arrangements create the incentive for account holders to recycle their settlement balances in the interbank market. ... activity. Since March, all banks that operate ES accounts
https://www.rba.gov.au/publications/annual-reports/rba/2013/ops-fin-mkts.html

Annual Performance Statement for 2019/20

12 Apr 2020 RBA Annual Report – 2020
Financial Market operations. Achieve cash rate target. Overnight cash rate consistent with the target each business day. ... These measures resulted in higher system liquidity and, as expected, led to the cash rate, which reflects overnight interbank
https://www.rba.gov.au/publications/annual-reports/rba/2020/annual-performance-statement.html

Risk Management

12 Sep 2014 RBA Annual Report – 2014
Interest paid on these deposits reflects domestic short-term interest rates, effectively hedging part of the interest rate exposure of the domestic asset portfolio. ... This involves the Bank receiving and sending collateral to cover exposures on foreign
https://www.rba.gov.au/publications/annual-reports/rba/2014/risk-mgmt.html

Performance of Australia's Payments Infrastructure during the Market Turbulence

2 Oct 2009 PSB Annual Report – 2009
Some large adjustments were implemented, including sharp increases in margin rates for the major interest rate contracts traded on the Sydney Futures Exchange (SFE). ... With some banks finding it difficult to locate a willing lender, the end-of-day
https://www.rba.gov.au/publications/annual-reports/psb/2009/performance.html

Oversight of High-value Payment Systems

2 Oct 2013 PSB Annual Report – 2013
To ensure RITS participants are not penalised for holding higher overnight balances for this purpose, the Bank has made arrangements to pay RITS participants the target cash rate on a proportion ... of their balances (rather than 25 basis points below
https://www.rba.gov.au/publications/annual-reports/psb/2013/oversight-high-value.html

Payments System Board Annual Report 2021

21 Oct 2021 PSB Annual Report - 2021 PDF 1811KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/psb-annual-report-2021.pdf

Reserve Bank of Australia Annual Report 2013 - Operations in Financial Markets

22 Oct 2013 RBA Annual Report 2013 PDF 638KB
https://www.rba.gov.au/publications/annual-reports/rba/2013/pdf/ops-fin-mkts.pdf