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Showing 11 - 20 of 20 results for "Term Funding Facility"

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... below 0.1 per cent... Mr Evans also forecast the Reserve Bank would lower the 0.25 per cent rate on its Term Funding Facility". All good but the question remains, will the RBA cut interest rates next week as Bill led financial markets to believe? The ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... currently 10 basis points, the three-year yield target is at 25 basis points and the borrowing rate of the TFF (Term Funding Facility) is also 25 basis points. It is possible to further reduce these interest rates." The second negative interest rate ...

Chief economist update: RBA increases and extends TFF

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2020
... as expected. What came as a bit of a surprise was the RBA board's decision to increase and extend its Term Funding Facility. "Under the expanded Term Funding Facility, authorised deposit-taking institutions (ADIs) will have access to additional funding ...

Perpetual profits plummet

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... driven by growth in private balance sheet securitisation supporting our bank clients' access to the RBA's term funding facility, as well as continued growth in public market securitisation FUA from non-bank clients." Its managed funds services business ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... in the Australian financial system. "Authorised deposit-taking institutions are continuing to draw on the Term Funding Facility, with total drawings to date of around $15 billion. Further use of this facility is expected over coming months," he said. ...

Economic outlook not as bad as predicted: RBA

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... the Australian financial system," Lowe said. "Authorised deposit-taking institutions are making use of the Term Funding Facility, with total drawings to date of around $6 billion. Further use of this facility is expected over coming months." Lowe said ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... rate target to 0.25%. A target for the yield on three-year Australian Government bonds of around 0.25%. A term funding facility for the banking system, with particular support for credit to small and medium-sized businesses. Exchange settlement balances ...

RBA expands stimulus measures to states

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... last week included targeting a yield on three-year Australian government bonds of around 0.25%, launching a term funding facility for the banking system and remunerating exchange settlement balances at 10 basis points instead of zero. When announcing ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... and announced a government bond buying program to anchor 3Y yield around 0.25%. Central bank established term funding facility for banks worth at least A$90B, which would allow access to funding of up to 3% of existing outstanding credit. Access to additional ...

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... board also included targeting a yield on 3-year Australian Government bonds of around 0.25%, launching a term funding facility for the banking system and remunerating exchange settlement balances at 10 basis points instead of zero. The move comes after ...
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