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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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International and Foreign Exchange Markets

8 Aug 2013 SMP – August 2013 PDF 1935KB
https://www.rba.gov.au/publications/smp/2013/aug/pdf/intl-fx-mkts.pdf

Statement on Monetary Policy - November 2008

20 Mar 2009 SMP PDF 878KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2008/nov/pdf/1108.pdf

Statement on Monetary Policy

10 Feb 2020 SMP - August 2018 PDF 6924KB
https://www.rba.gov.au/publications/smp/2018/aug/pdf/statement-on-monetary-policy-2018-08.pdf

Statement on Monetary Policy - February 2015

5 Feb 2015 SMP - February 2015 PDF 2273KB
https://www.rba.gov.au/publications/smp/2015/feb/pdf/0215.pdf

International and Foreign Exchange Markets

8 May 2014 SMP – May 2014 PDF 2179KB
https://www.rba.gov.au/publications/smp/2014/may/pdf/intl-fx-mkts.pdf

Statement on Monetary Policy - May 2008

9 May 2008 SMP PDF 626KB
Reserve Bank of Australia
https://www.rba.gov.au/publications/smp/2008/may/pdf/0508.pdf

Statement on Monetary Policy – August 2011

5 Sep 2011 SMP – August 2011 PDF 2031KB
https://www.rba.gov.au/publications/smp/2011/aug/pdf/0811.pdf

International and Foreign Exchange Markets

5 Aug 2010 SMP – August 2010 PDF 560KB
https://www.rba.gov.au/publications/smp/2010/aug/pdf/intl-fx-mkts.pdf

Statement on Monetary Policy

7 Nov 2019 SMP - November 2019 PDF 4647KB
https://www.rba.gov.au/publications/smp/2019/nov/pdf/statement-on-monetary-policy-2019-11.pdf

Statement on Monetary Policy

8 Aug 2019 SMP - August 2019 PDF 4355KB
https://www.rba.gov.au/publications/smp/2019/aug/pdf/statement-on-monetary-policy-2019-08.pdf