Search: repo
RBA Glossary definition for repo
repo – Repurchase agreement. The vehicle whereby most Reserve Bank of Australia (RBA) domestic market operations are conducted. Repurchase agreements (usually called 'repos') involve the sale or purchase of securities with an undertaking to reverse the transaction at an agreed date in the future and at an agreed price. Repos provide flexibility in that they allow the RBA to inject liquidity on one day and withdraw it on another with a single transaction.
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Domestic Financial Markets
10 Nov 2016
SMP
– November 2016
Short-term secured interest rates in the repurchase agreement (repo) market have risen relative to OIS rates, though these spreads have retreated from their highs in recent weeks. ... Footnote. For more information, see Becker C, A Fang and J C Wang (2016
https://www.rba.gov.au/publications/smp/2016/nov/domestic-financial-markets.html
Statement on Monetary Policy
20 Nov 2023
SMP
- November 2023
PDF
9530KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/statement-on-monetary-policy-2023-11.pdf
Domestic Financial Conditions
6 May 2021
SMP
– May 2021
Repo rates at the Bank's daily OMO remained at 10 basis points; repo rates in the private market are reported to be slightly below this level.
https://www.rba.gov.au/publications/smp/2021/may/domestic-financial-conditions.html
Statement on Monetary Policy
6 Feb 2024
SMP
- February 2024
PDF
4547KB
https://www.rba.gov.au/publications/smp/2024/feb/pdf/statement-on-monetary-policy-2024-02.pdf
Banks' Funding
10 Nov 2007
SMP
– November 2007
The smaller Australian banks and foreign banks also increased their sales of securities under repo to boost their liquidity.
https://www.rba.gov.au/publications/smp/2007/nov/box-d.html
International Financial Conditions
12 May 2020
SMP
- May 2020
PDF
808KB
https://www.rba.gov.au/publications/smp/2020/may/pdf/02-international-financial-conditions.pdf
Domestic Financial Conditions
7 Aug 2020
SMP
– August 2020
demand of financial institutions at a steady repo rate. ... Repo rates at the Bank's open market operations have been steady at 18 basis points, around 6 basis points above the overnight indexed swap rate.
https://www.rba.gov.au/publications/smp/2020/aug/domestic-financial-conditions.html
Domestic Financial Conditions
7 May 2020
SMP
- May 2020
PDF
855KB
https://www.rba.gov.au/publications/smp/2020/may/pdf/04-domestic-financial-conditions.pdf
Domestic Financial Conditions
10 Aug 2018
SMP
– August 2018
Repo rates at the Reserve Bank's open market operations have also increased, and are currently around 40–50 basis points above OIS. ... In addition, there has been strong demand to borrow Australian dollars from other financial institutions in the repo
https://www.rba.gov.au/publications/smp/2018/aug/domestic-financial-conditions.html
Overview
8 May 2020
SMP
– May 2020
By the beginning of April, $50 billion of additional liquidity had been provided to the banking system through open market operations and the average residual maturity of the Bank's repo
https://www.rba.gov.au/publications/smp/2020/may/overview.html