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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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December: 1997-Glossary

9 Mar 2023 Media Release
BND. Brunei dollar. CAD. Canadian dollar. CHF. Swiss franc. CHIPS. Clearing House Interbank Payment System. ... LKR. Sri Lankan rupee. Market risk. The risk that an institution or other trader will experience a loss on a trade owing to an unfavourable
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/annex-e.html

Regulators Release Feedback on Financial Institutions' Preparation for LIBOR Transition

8 Apr 2020 Media Releases
London Interbank Offered Rate (LIBOR) – an initiative supported by the Australian Prudential Regulation Authority (APRA), and the Reserve Bank of Australia (RBA). ... We encourage all market participants to assess the extent of their use of LIBOR and
https://www.rba.gov.au/media-releases/2020/mr-20-12.html

Domestic Market Dealing Arrangements

4 Mar 2004 Media Releases
In response to the ongoing consolidation in the market for Commonwealth Securities, the RBA has reviewed arrangements for its domestic market operations and effective 15 March will make changes to: Securities eligible for repurchase agreements with
https://www.rba.gov.au/media-releases/2004/mr-04-03.html

Changes to the Reserve Bank's Domestic Market Operations in the Transition Phase to Real-time Gross Settlement

9 May 1996 Media Releases
Announces changes to the RBA's Domestic Markets Operations to be introduced in June to August 1986
https://www.rba.gov.au/media-releases/1996/mr-96-06.html

Statement by the Governor, Mr Bernie Fraser: Monetary Policy

6 May 1992 Media Releases
Announcement of reduction in the cash rate by 1 percentage point to 6.50 per cent
https://www.rba.gov.au/media-releases/1992/mr-92-11.html

Cash Rate Total Return Index

9 May 2016 Media Releases
The Reserve Bank of Australia has commenced publishing a Cash Rate Total Return Index (TRI), which members of the public can use as a benchmark with a risk-free rate of return.
https://www.rba.gov.au/media-releases/2016/mr-16-12.html

Statement by the Governor, Mr Bernie Fraser: Monetary Policy

8 Jul 1992 Media Releases
Announcement of reduction in the cash rate by 75 basis points to 5.75 per cent
https://www.rba.gov.au/media-releases/1992/mr-92-18.html

Statement by the Governor, Mr Bernie Fraser: Reduction in Interest Rates

23 Mar 1993 Media Releases
Announcement of reduction in the cash rate by 0.5 percent to 5.25 per cent
https://www.rba.gov.au/media-releases/1993/mr-93-05.html

Statement by the Governor, Mr Bernie Fraser: Further Reduction in Interest Rates

8 Jan 1992 Media Releases
Announcement of reduction in the cash rate by 1 percentage point
https://www.rba.gov.au/media-releases/1992/mr-92-03.html

Statement by the Governor, Mr Bernie Fraser: Monetary Policy

6 Nov 1991 Media Releases
Announcement of reduction in the cash rate by 1 percentage point to 8.50 per cent
https://www.rba.gov.au/media-releases/1991/mr-91-21.html