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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Domestic Financial Markets
10 Nov 2010
SMP
– November 2010
Money market yields suggest markets currently expect a further increase in the cash rate in the first half of 2011. ... The interest rate on these deposits is currently almost 100 basis points above the cost of funds of equivalent duration in the
https://www.rba.gov.au/publications/smp/2010/nov/dom-fin-mkts.html
Domestic Financial Markets
10 May 2011
SMP
– May 2011
Money market yields declined in March reflecting concerns about nuclear security in Japan, but subsequently increased as the concerns were allayed and following the publication of the March quarter inflation data. ... These loans are repriced at regular
https://www.rba.gov.au/publications/smp/2011/may/dom-fin-mkts.html
Domestic Financial Markets
10 Nov 2013
SMP
– November 2013
Over recent months, the pricing of money market instruments has pointed to reduced expectations of a further easing in monetary policy, as domestic and offshore economic data have generally been stronger ... Similar to international markets, the
https://www.rba.gov.au/publications/smp/2013/nov/dom-fin-mkts.html
Domestic Financial Markets
10 May 2015
SMP
– May 2015
Interest rates on the stock of housing and business loans have declined in response to the February and May cash rate reductions and lower money market interest rates over the past ... Yields on money market instruments imply some probability of a
https://www.rba.gov.au/publications/smp/2015/may/dom-fin-mkts.html
Domestic Financial Markets
10 Feb 2012
SMP
– February 2012
The domestic interbank money market has continued to function smoothly. The level of exchange settlement balances has generally been maintained at around $1 billion, except over year-end when, as usual, ... Growth in broad money continues to outpace
https://www.rba.gov.au/publications/smp/2012/feb/dom-fin-mkts.html
Domestic Financial Markets
10 Aug 2012
SMP
– August 2012
The US markets also tend to accept longer tenors than the domestic market. ... Losses on the Australian share market have generally been greater than on overseas markets due to the high domestic weighting of the resource sector.
https://www.rba.gov.au/publications/smp/2012/aug/dom-fin-mkts.html
Domestic Financial Markets
10 Aug 2011
SMP
– August 2011
year. At the time of the previous Statement, money market yields implied that the cash rate would increase towards the end of 2011. ... Despite the global volatility, there is little evidence of tension in domestic money markets.
https://www.rba.gov.au/publications/smp/2011/aug/dom-fin-mkts.html
Domestic Financial Markets
10 Nov 2011
SMP
– November 2011
While primary issuance was curtailed for a short period, borrowers have subsequently returned to the market. ... Growth in broad money was considerably stronger than growth in credit, reflecting a preference by households and businesses to hold their
https://www.rba.gov.au/publications/smp/2011/nov/dom-fin-mkts.html
Domestic Financial Markets
10 Nov 2012
SMP
– November 2012
Broad money growth has outpaced credit growth for each of the past five years. ... Since reaching a low in June, the Australian market has increased by 13 per cent, similar to increases in the major offshore markets (Graph 4.22).
https://www.rba.gov.au/publications/smp/2012/nov/dom-fin-mkts.html
Domestic Financial Markets
10 May 2013
SMP
– May 2013
Given the relatively fast repricing of these products, developments in the deposit market have a more immediate effect on overall funding costs than developments in wholesale funding markets. ... Around three-quarters of this issuance has been in
https://www.rba.gov.au/publications/smp/2013/may/dom-fin-mkts.html