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
Core Principle III | 2005 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
as a payment instruction to credit a customer account) before any associated interbank obligations have been settled. ... SeeThe Bank offers an overnight repurchase agreement facility as a liquidity safety valve.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2005/core-prin-3.html
Appendix A: Background Information | 2019 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
RITS also facilitates the multilateral net settlement of interbank obligations arising from other systems (Table A.4). ... Interest would then be charged at 25 basis points above the cash rate target.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/appendix-a.html
2019 Assessment of the Reserve Bank Information and Transfer System – Material Developments
9 Mar 2023
Because the power outage occurred after overnight batches had settled and well before the end of the day session, settlement of RITS payments could be delayed without serious impact to the ... Such arrangements involve processing transactions prior to
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/material-developments.html
Assessment against the Core Principles | 2009 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
repo, with interest charged at 25 basis points above the target cash rate. ... These allow for interbank settlement on a deferred net basis the following day.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/assessment.html
Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2020 Assessment of the Reserve Bank Information and…
9 Mar 2023
Eligible members can also source liquidity by participating in the Bank's daily OMOs, which are aimed at providing sufficient liquidity in the overnight interbank market so as to maintain the ... For ADI-issued securities with a residual maturity greater
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/appendix-b.html
Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2015 Assessment of the Reserve Bank Information and…
9 Mar 2023
Participants can also source liquidity through securities transactions conducted by the Bank in the ‘open market’ each day – known as open market operations – which are aimed at maintaining the overnight cash ... For ADI-issued securities with a
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2015/appendix-b.html
Material Developments | Assessment of LCH Limited's SwapClear Service
9 Mar 2023
AUD BBSW-AONIA basis swaps were added in December 2017. AONIA is the interbank overnight cash rate, which is the operational target of the Bank's monetary policy. ... SOFR is the US secured overnight financing rate. A small share of USD OIS outstanding
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/lch/2018/material-developments.html
Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2017 Assessment of the Reserve Bank Information and…
9 Mar 2023
Eligible members can also source liquidity by participating in the Bank's daily OMOs, which are aimed at providing sufficient liquidity in the overnight interbank market so as to maintain the ... For ADI-issued securities with a residual maturity greater
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2017/appendix-b.html
Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2018 Assessment of the Reserve Bank Information and…
9 Mar 2023
available). Eligible members can also source liquidity by participating in the Bank's daily OMOs, which are aimed at providing sufficient liquidity in the overnight interbank market so as to maintain ... For ADI-issued securities with a residual maturity
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2018/appendix-b.html
Appendix A: Detailed Self-assessment | 2013 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
For ADI-issued securities with a residual maturity greater than one year, at least two major credit rating agencies must rate the security or the issuer. ... For operational simplicity, uniform haircut rates are set for broad groups of securities rather
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/appendix-a.html