Search: money market
RBA Glossary definition for money market
money market – The market which deals in short-term discount securities such as Treasury notes, bank bills and promissory notes. Major participants in this market include the Reserve Bank of Australia, banks, superannuation funds, insurance companies, investment trusts, investment banks, building societies and large corporates.
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Sensitivity Analysis
13 Sep 2019
RDP
2019-09
Instead, debt funding for these money market investments is externally sourced in a market where interest rates are relatively low. ... Our approach does not measure the degree to which arbitrage is already reflected in observed money market rates.
https://www.rba.gov.au/publications/rdp/2019/2019-09/sensitivity-analysis.html
Estimation Results
13 Sep 2019
RDP
2019-09
Figure 7: Net Return on Money Market Trades. Sources: APRA; Authors' calculations; Bloomberg; RBA. ... Subsequently in 2019, net returns in all these money markets declined as the spread between money market rates and cash rate expectations narrowed.
https://www.rba.gov.au/publications/rdp/2019/2019-09/estimation-results.html
Supplementary Information for RDP 2019-09: Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
1 Sep 2019
RDP
2019-09
Research Discussion Paper – RDP 2019-09 Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
https://www.rba.gov.au/publications/rdp/2019/2019-09/supplementary-information.html
Estimating Funding Costs, Gross Returns and Net Returns
13 Sep 2019
RDP
2019-09
money markets and the more medium-term considerations that determine the structure of the balance sheet. ... i. ) for each money market trade i in accordance with current Australian prudential standards.
https://www.rba.gov.au/publications/rdp/2019/2019-09/estimating-funding-costs-gross-returns-and-net-returns.html