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 Economy and Financial Markets
10 Feb 2000
Bulletin
– February 2000
Increases in longer term interest rates earlier in the year do not appear to have significantly slowed business investment, which grew at an annual rate of 6.6 per cent in ... markets and the US interbank rate) narrowing significantly since the
https://www.rba.gov.au/publications/bulletin/2000/feb/1.html
Recent Changes to the Reserve Bank's Liquidity Operations
9 Dec 2021
Bulletin
– December 2021
The Reserve Bank’s policy measures to support the economy in the wake of the COVID-19 pandemic have significantly increased liquidity in the banking system.
https://www.rba.gov.au/publications/bulletin/2021/dec/recent-changes-to-the-reserve-banks-liquidity-operations.html
RMB Internationalisation: Where to Next?
20 Sep 2018
Bulletin
– September 2018
China's push to make its own currency – the renminbi (RMB) – available for use by non-residents was a catalyst for important reforms.
https://www.rba.gov.au/publications/bulletin/2018/sep/rmb-internationalisation-where-to-next.html
The Economy and Financial Markets
10 Aug 1998
Bulletin
– August 1998
Interest rates remain low across the yield curve; credit is freely available and is growing at a solid pace; and the exchange rate is near the low end of historical experience ... forces. This has allowed the US Federal Reserve to sustain lower interest
https://www.rba.gov.au/publications/bulletin/1998/aug/1.html
Developments in Foreign Exchange and Over-the-counter Derivatives Markets
16 Mar 2023
Bulletin
– March 2023
This article discusses the key results from the 2022 Triennial Central Bank Survey of Foreign Exchange and Over-the-counter Derivatives Markets.
https://www.rba.gov.au/publications/bulletin/2023/mar/developments-in-foreign-exchange-and-over-the-counter-derivatives-markets.html
Liberalisation of China's Portfolio Flows and the Renminbi
19 Sep 2019
Bulletin
– September 2019
China’s equity and bond markets have grown rapidly to be among the largest in the world, yet, until recently, participation by foreign investors has been limited.
https://www.rba.gov.au/publications/bulletin/2019/sep/liberalisation-of-chinas-portfolio-flows-and-the-renminbi.html
The Australian OTC Derivatives Market: Insights from New Trade Repository Data
21 Jun 2018
Bulletin
– June 2018
Most OTC interest rate derivatives are swaps, where counterparties exchange payments based on the difference between two interest rates. ... Overnight indexed swaps (OIS) are a special type of fixed-to-floating swaps where the floating interest rate is
https://www.rba.gov.au/publications/bulletin/2018/jun/the-australian-otc-derivatives-market-insights-from-new-trade-repository-data.html
Overnight Indexed Swap Rates
10 Jun 2002
Bulletin
– June 2002
Table 1 summarises outcomes for the cash rate predicted by 1–6 month overnight indexed swap rates since January 2000. ... Overnight indexed swap rates are clearly not a perfect indicator of future movements in the cash rate.
https://www.rba.gov.au/publications/bulletin/2002/jun/3.html
Bulletin
18 Apr 2024
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/
The Reserve Bank's Domestic Market Operations
10 Jun 1985
Bulletin
– June 1985
The higher cost of cash (reflected initially in market rates for overnight and call funds), if sustained or expected to be sustained, would tend to feed into higher yields on bills ... The rediscount rate and the central bank loan rate are at the Bank's
https://www.rba.gov.au/publications/bulletin/1985/jun/2.html