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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Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
16 Sep 2019
RDP
2019-09
Research Discussion Paper – RDP 2019-09 Australian Money Market Divergence: Arbitrage Opportunity or Illusion? ... banking, financial markets, interest rates, money. In recent years, the spread between money market interest rates has widened.
https://www.rba.gov.au/publications/rdp/2019/2019-09.html
Opportunity Cost of Money Market Lending
13 Sep 2019
RDP
2019-09
Applying the same methodology, we find margins on residential mortgages have been significantly wider than those on money market trades during the sample period (Figure 13). ... This suggests there is a significant opportunity cost associated with
https://www.rba.gov.au/publications/rdp/2019/2019-09/opportunity-cost-of-money-market-lending.html
Conclusion
13 Sep 2019
RDP
2019-09
Download the Paper 1,465. KB. Opportunities to arbitrage across Australian money markets have seemingly widened and remained persistent in recent years. ... Consequently, money market rates may continue to diverge unless arbitrage becomes more profitable
https://www.rba.gov.au/publications/rdp/2019/2019-09/conclusion.html
Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
1 Sep 2019
RDP
2019-09
Short-term money markets primarily consist of unsecured cash market transactions, repurchase agreements (repos), bank bills and foreign exchange swaps. ... Subsequently in 2019, net returns in all these money markets declined as the spread between money
https://www.rba.gov.au/publications/rdp/2019/2019-09/full.html
Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
1 Sep 2019
RDP
2019-09
https://www.rba.gov.au/publications/rdp/2019/2019-09/read-me.html
Appendix A: Data Summary
13 Sep 2019
RDP
2019-09
RDP 2019-09: Australian Money Market Divergence: Arbitrage Opportunity or Illusion? Appendix A: Data Summary. ... RBA statistical table F5 ‘Lending Rates’. Repurchase agreement. Repo rate (1 month bucket) from open market operations.
https://www.rba.gov.au/publications/rdp/2019/2019-09/appendix-a.html
Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
1 Sep 2019
RDP
2019-09
https://www.rba.gov.au/publications/rdp/2019/2019-09/sections.html
Introduction
13 Sep 2019
RDP
2019-09
Download the Paper 1,465. KB. Short-term money markets primarily consist of unsecured cash market transactions, repurchase agreements (repos), bank bills and foreign exchange swaps. ... Figure 1: Money Market and Lending Interest Rates. Spread to
https://www.rba.gov.au/publications/rdp/2019/2019-09/introduction.html
Leverage, Profitability and the Consequences for Money Markets
13 Sep 2019
RDP
2019-09
Leverage, Profitability and the Consequences for Money Markets. Belinda Cheung and Sebastien Printant. ... Major banks were important providers of liquidity in money markets prior to the financial crisis.
https://www.rba.gov.au/publications/rdp/2019/2019-09/leverage-profitability-and-the-consequences-for-money-markets.html
References
13 Sep 2019
RDP
2019-09
Becker C and P Rickards (2017), ‘Secured Money Market Transactions: Trends in the Australian Repo Rate’, Paper presented at the 22nd Melbourne Money & Finance Conference ‘Evolutionary Trends in the Australian Financial ... RBA (2018), ‘Operations
https://www.rba.gov.au/publications/rdp/2019/2019-09/references.html