Open Market Operations

The interest rate the RBA charges banks on overnight loans

The interest rate the RBA pays to banks on overnight deposits

The interest rate banks charge each other on overnight loans

The interest rate banks charge individuals on overnight loans

A bank account into which the RBA provides money for banks to lend out

A bank account containing all of the funds ANZ has collected from customers' savings accounts

A bank account with the RBA that is used to convert Australian dollars into other currencies

A bank account with the RBA that is used to settle transfers between banks

Buy new government securities

Buy second-hand government securities

Sell new government securities

Sell second-hand government securities

Charge a lending rate of 2.25% and pay a deposit rate of 1.9%

Charge a lending rate of 2.1% and pay a deposit rate of 1.75%

Charge a lending rate of 1.75% and pay a deposit rate of 2.1%

Charge a lending rate of 1.9% and pay a deposit rate of 2.25%

Purchase government securities and raise the interest rate it pays on surplus funds in banks' exchange settlement accounts

Purchase government securities and reduce the interest rate it pays on surplus funds in banks' exchange settlement accounts

Sell government securities and raise the interest rate it pays on surplus funds in banks' exchange settlement accounts

Sell government securities and reduce the interest rate it pays on surplus funds in banks' exchange settlement accounts