Reserve Bank of Australia Annual Report – 2002 Financial Statements Note 3 – Interest Revenue and Interest Expense

Analysis for the year ended 30 June 2002

Average Balance $M Interest $M Average Annual Interest Rate %
Interest revenue
Overseas investments 37,944 1,186 3.1
Australian dollar securities 17,695 957 5.4
Loans, advances and other 45 1 3.1
Overnight settlements 704 30 4.2
Gold loans 1,412 22 1.5
57,800 2,196 3.8
Interest expense
Exchange Settlement accounts 870 37 4.3
Deposits from governments 8,945 410 4.6
Deposits from overseas institutions 307 2 0.6
Overseas repurchase agreements 4,944 101 2.0
Domestic repurchase agreements 1,175 51 4.4
Currency note holdings of banks 2,004 78 4.4
Other deposits 112 5 4.0
18,357 684 3.7
Analysis for the year ended 30 June 2001
Interest revenue total 55,325 2,685 4.9
Interest expense total 18,025 955 5.3