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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Interest Rate Benchmark Reform
15 May 2018
Speech
PDF
191KB
Global Benchmark Reform and the Future of LIBORCentral banks and financial regulators have been working with the industry to address theshortcomings in the major interest rate benchmarks, the ‘interbank offered rates’ ... Australian dollar.The RBA
https://www.rba.gov.au/speeches/2018/pdf/sp-dg-2018-05-15-2.pdf
3/19/2019 Bonds and Benchmarks | Speeches https://www.rba.gov.au/speeches/2019/sp-ag-2019-03-19.html ...
19 Mar 2019
PDF
493KB
To replace LIBOR, regulators have worked closely with industry participants to develop alternativerisk-free rates, such as the Secured Overnight Financing Rate (SOFR) for the US dollar and theSterling Overnight Interbank ... https://www.rba.gov.au/speeche
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-03-19.pdf
The Future System for Monetary Policy Implementation
2 Apr 2024
Speech
PDF
657KB
Speech - 2024
https://www.rba.gov.au/speeches/2024/pdf/sp-ag-2024-04-02.pdf
A Proposal for Implementing Real Time Gross Settlement in Australia (Media Release 1995-05 attachment 2)
13 Aug 2004
Media Release
PDF
178KB
rates. It is envisaged that overnight funds in the market would trade at an interest rate marginally higher than the rate the Reserve Bank pays on ES balances (in the same ... way as there is now a difference between the official and unofficial cash rates
https://www.rba.gov.au/media-releases/1995/pdf/mr-95-05-attach-2.pdf
Talk to Australian Business in Europe - London 4 June 1998
27 Feb 2001
Speech
PDF
122KB
Diagram 1 shows the growth rate of OECD countriesover this seven year period. ... I have not been talking about ourshort rates such as the overnight, or interbank interest rates, which are setby the Reserve Bank.
https://www.rba.gov.au/speeches/1998/pdf/sp-gov-040698.pdf
Attachment
1 Nov 2001
Media Release
PDF
31KB
These operations affect the balance of supply and demand for overnight funds and hence the overnight cash rate i.e. ... Since 23 January 1990, overnight cash rates have been reduced on eleven occasions as follows:.
https://www.rba.gov.au/media-releases/1992/pdf/mr-92-03-attach.pdf
Channels of Transmission
17 Oct 2023
Speech
PDF
755KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-10-11.pdf
Emerging Threats to Financial Stability – New Challenges for the Next Decade
31 Oct 2023
Speech
PDF
1157KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-10-31.pdf
Bagehot and the Lender of Last Resort – 150 Years On
18 Dec 2023
Speech
PDF
318KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-12-14.pdf
Progress on Benchmark Reform
12 Apr 2019
Speech
PDF
191KB
These forward-looking rates could potentially be constructed from derivativesreferencing the overnight RFRs. ... Available at:<https://www.snb.ch/n/mmr/reference/minutes_20181031/source/minutes_20181031.n.pdf>. [5]. See Financial Stability Board (2018),
https://www.rba.gov.au/speeches/2019/pdf/sp-dg-2019-04-11.pdf