Bank Bill
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Bank Bill
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Also found in: Dictionary, Thesaurus.
References in periodicals archive
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The aim of the rate set process is to get accurate, reliable measures of the mid-rate of Prime Bank Eligible bank bills at the time of the BKBM Trading Window.
As noted above, the Bank can sell Reserve Bank bills when conducting a withdrawal in the OMO (i.e.
Legal action is to be taken by the regulator against National Australia Bank for allegedly manipulating the bank bill swap rate (BBSW) 50 times.
The first set of discretionary measures, announced in August 2007, was intended to keep short-term wholesale interest rates in line with the intended stance of monetary policy, as reflected by the OCR, and to ensure that the secondary market in 90-day bank bills remained functioning.
* The withdrawal of the regular weekly Reserve Bank bill tender.
To illustrate how an OIS can be used to manage interest rate exposures, imagine a bank that seeks to raise money by issuing three-month bank bills to enable it to on-lend the money on an overnight basis to its customers.
The central bank of Afghanistan has said that it is planning to allow trading in central bank bills and in the coming year.
In this example (as in practice) we only observe the rates for bank bills maturing every fifteen days, as shown by the dots.
A total of CNY120bn in central bank bills and repos are to mature this week.
A total of CNY85bn in central bank bills and repos would mature this week.
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