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RBA Glossary definition for settlement

settlement – The discharge of obligations arising from fund transfers between two or more parties.

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Financial Conditions

7 May 2024 SMP – May 2024
Financial Conditions | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/financial-conditions.html

Domestic Financial Conditions

10 Nov 2023 SMP – November 2023
Domestic Financial Conditions | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/domestic-financial-conditions.html

Domestic Financial Conditions

4 Aug 2023 SMP – August 2023
Domestic Financial Conditions | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/domestic-financial-conditions.html

Box A: The Bond–Overnight Index Swap Spread and Asset Scarcity in Government Bond Markets

4 Aug 2023 SMP – August 2023
Box A: The Bond–Overnight Index Swap Spread and Asset Scarcity in Government Bond Markets | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/box-a-the-bond-overnight-index-swap-spread-and-asset-scarcity-in-government-bond-markets.html

Domestic Financial Conditions

5 May 2023 SMP – May 2023
Domestic Financial Conditions | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/domestic-financial-conditions.html

Domestic Financial Conditions

10 Feb 2023 SMP – February 2023
On the liabilities side, Exchange Settlement balances rose and government deposits declined, owing to an increase in net government spending and the maturity of the November 2022 AGS.
https://www.rba.gov.au/publications/smp/2023/feb/domestic-financial-conditions.html

Domestic Financial Conditions

4 Nov 2022 SMP – November 2022
Demand for short-term liquidity obtained at OMO has increased a little in recent months, but remains low relative to pre-pandemic activity, reflecting large Exchange Settlement balances.
https://www.rba.gov.au/publications/smp/2022/nov/domestic-financial-conditions.html

Box C: What Explains Recent Inflation Forecast Errors?

4 Nov 2022 SMP – November 2022
Liberty Street Economics. , Federal Reserve Bank of New York, 23 August; Bank for International Settlements (2022), Inflation: A look Under the Hood,.
https://www.rba.gov.au/publications/smp/2022/nov/box-c-what-explains-recent-inflation-forecast-errors.html

Overview

5 Aug 2022 SMP – August 2022
months. These increases have taken the cash rate target to 1.85 per cent and the remuneration rate on Exchange Settlement balances to 1.75 per cent.
https://www.rba.gov.au/publications/smp/2022/aug/overview.html

Domestic Financial Conditions

5 Aug 2022 SMP – August 2022
The Board has increased the cash rate target and the interest rate on Exchange Settlement (ES) balances by 175 basis points since early May, to 1.85 per cent and
https://www.rba.gov.au/publications/smp/2022/aug/domestic-financial-conditions.html