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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3.3 Risk Management
19 Oct 2023
RBA Annual Report
– October 2023
Risk Management | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/risk-management.html
Notes to and Forming Part of the Financial Statements
19 Oct 2023
RBA Annual Report
– October 2023
Interest rate risk is the exposure of the defined benefit obligations to adverse movements in interest rates. ... A decrease in interest rates will increase the present value of these obligations.
https://www.rba.gov.au/publications/annual-reports/rba/2023/financial-statements/notes.html
Operations in Financial Markets
24 Oct 2016
RBA Annual Report
– 2016
The cash rate is also a significant financial benchmark referenced in overnight indexed swaps and the ASX's 30-day interbank futures contract. ... Prior to May 2016, the Bank received submissions each day from ESA holders on their gross unsecured
https://www.rba.gov.au/publications/annual-reports/rba/2016/operations-in-financial-markets.html
Risk Management
27 Oct 2022
RBA Annual Report
– October 2022
Interest paid on ES account balances, as well as deposits held by the Australian Government and its agencies, is based on an overnight rate that reflects the Banks monetary policy settings. ... Historically, this interest cost has been broadly offset by
https://www.rba.gov.au/publications/annual-reports/rba/2022/risk-management.html
2.2 Operations in Financial Markets
19 Oct 2023
RBA Annual Report
– October 2023
Operations in Financial Markets | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/operations-in-financial-markets.html
Notes to and Forming Part of the Financials Statements
27 Oct 2022
RBA Annual Report
– October 2022
Interest rate risk. is the exposure of the defined benefit obligations to adverse movements in interest rates. ... A decrease in interest rates will increase the present value of these obligations.
https://www.rba.gov.au/publications/annual-reports/rba/2022/financial-statements/notes.html
Operations in Financial Markets
27 Oct 2022
RBA Annual Report
– October 2022
Accordingly, in March 2022 the hurdle rate was changed to be based on term-matched overnight indexed swap rates plus a spread. ... The Reserve Bank is the administrator of the cash rate, which is a significant financial benchmark referenced in overnight
https://www.rba.gov.au/publications/annual-reports/rba/2022/operations-in-financial-markets.html
2.3 Banking and Payment Services
19 Oct 2023
RBA Annual Report
– October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html
Operations in Financial Markets
12 Apr 2020
RBA Annual Report
– 2020
The cash rate is the interest rate on unsecured overnight loans between banks. ... Sources: RBA. 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 30-day
https://www.rba.gov.au/publications/annual-reports/rba/2020/operations-in-financial-markets.html
Notes to and Forming Part of the Financials Statements
9 Aug 2023
RBA Annual Report
- 2022
PDF
284KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/notes.pdf