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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Some Other Prudential Supervision Issues | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
When the exchange rate was floated in December 1983, only the existing 14 trading banks were authorised. ... The RBA also sets net overnight position limits on their foreign exchange exposures and contingent loss limits on their options business.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/some-other-prudential-supervision-issues.html
What are Interest Margins? | International Comparisons of Bank Margins – August 1994 | Bank Fees and Margins | Submissions
1 Aug 1994
Submissions
Sometimes a representative loan rate and a representative deposit rate are compared, such as the gap between the business indicator lending rate and the overnight cash rate, or the gap between ... A similar approach is to compare a particular lending
https://www.rba.gov.au/publications/submissions/financial-sector/international-comparisons-of-bank-margins/what-are-interest-margins.html