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
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
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
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
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
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
Exchange Rate Policies at the Zero Lower Bound
4 Jan 2018
Research Workshop
PDF
1012KB
https://www.rba.gov.au/publications/workshops/research/2017/pdf/rba-workshop-2017-javier-bianchi.pdf
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
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
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
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