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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Appendix B: Data
3 Jan 2023
RDP
2022-09
Variable. Details. Source. Cash rate. Interbank overnight cash rate, %, quarterly average. ... After the September quarter 2001, the risk-free rate is the 3-month Australian dollar overnight indexed swap (OIS) rate.
https://www.rba.gov.au/publications/rdp/2022/2022-09/appendix-b.html
Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions
3 Jan 2023
RDP
2022-09
The domestic block includes the interbank overnight cash rate (CASH. t. ), ... rates) to further purge the cash rate of variation that is anticipated by financial market participants.
https://www.rba.gov.au/publications/rdp/2022/2022-09/full.html
Estimates under Different Sets of Sign Restrictions
3 Jan 2023
RDP
2022-09
The domestic block includes the interbank overnight cash rate (CASH. t. ), ... rates) to further purge the cash rate of variation that is anticipated by financial market participants.
https://www.rba.gov.au/publications/rdp/2022/2022-09/estimates-under-different-sets-of-sign-restrictions.html