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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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
The Australian High-Value Payments System
19 Apr 2004
FSR
PDF
98KB
Interbank lending and borrowing are generally settled as cash transfers between banks in this way. ... The aggregate level of overnight balances is determined by the Reserve Bank through its open market operations.
https://www.rba.gov.au/publications/fsr/2004/mar/pdf/0304-1.pdf
Financial Stability Review
1 Apr 2004
FSR
PDF
611KB
Offi cial capital fl ows from Asia to the United States, motivated not so much by underlying rates of return but by exchange rate considerations, have been unusually strong. ... In the past few years, Australian fi rms have become more exposed to fl
https://www.rba.gov.au/publications/fsr/2004/mar/pdf/0304.pdf
The Australian High-Value Payments System
10 Mar 2004
FSR
– March 2004
RITS is the hub of the Australian payments system, through which interbank payments are settled (Figure 1). ... Interbank lending and borrowing are generally settled as cash transfers between banks in this way.
https://www.rba.gov.au/publications/fsr/2004/mar/aus-high-val-pay-sys.html
Financial Stability Review
10 Feb 2020
FSR
April 2018
PDF
2840KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/financial-stability-review-2018-04.pdf
Regulatory Developments
10 Feb 2020
FSR
October 2018
PDF
723KB
https://www.rba.gov.au/publications/fsr/2018/oct/pdf/04-regulatory-developments.pdf
Regulatory Developments
20 Oct 2018
FSR
– October 2018
Risk-free rates are typically based on overnight interbank markets where there are large volumes of transactions by many participants. ... One of these, the secured overnight financing rate (SOFR), was recommended by the Alternative Reference Rates
https://www.rba.gov.au/publications/fsr/2018/oct/regulatory-developments.html
The Australian Financial System
10 Sep 2013
FSR
– September 2013
The previous Review highlighted the potential challenges that a prolonged period of low interest rates pose to insurers' profitability. ... In Australia, the evidence to date is that the transition to central clearing of interest rate derivatives is
https://www.rba.gov.au/publications/fsr/2013/sep/aus-fin-sys.html
Financial Stability Review March 2015
24 Mar 2015
FSR
March 2015
PDF
1257KB
https://www.rba.gov.au/publications/fsr/2015/mar/pdf/0315.pdf
The Australian Financial System
10 Sep 2011
FSR
– September 2011
The impairment rate for other types of business loans has also moderated over 2011, but it is still higher than average. ... Impairment rates remain above average in these sectors, and are also high for the agriculture, forestry, fishing and mining
https://www.rba.gov.au/publications/fsr/2011/sep/aus-fin-sys.html