Search: bank accepted bill of exchange

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RBA Glossary definition for bank accepted bill of exchange

bank accepted bill of exchange – A bank accepted bill of exchange is a bill of exchange that lists a bank as the acceptor of the bill. As an acceptor, a bank has a liability to pay the holder the face value of the bill at maturity. In certain circumstances, the liability is contingent on the borrower, or drawer, defaulting.

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The Debate on Alternatives for Monetary Policy in Australia | Conference – 1997

21 Jul 1997 Conferences
Malcolm Edey
exchange-rate or commodity standards; and. laissez-faire approaches to the monetary standard. ... In principle, such a system could be operated either by a central bank or, as discussed below, by competing private banks subject to the convertibility
https://www.rba.gov.au/publications/confs/1997/edey.html

Inflation and Disinflation in Australia: 1950–91 | Conference – 1992

31 Dec 1950 Conferences
Glenn Stevens
their bank deposit) with a corresponding asset held by the central bank in terms of foreign exchange. ... The Commonwealth Bank (at that time the central bank) issued directives about credit growth to the banks, and made very large calls to ‘special
https://www.rba.gov.au/publications/confs/1992/stevens.html

Is Our Current International Economic Environment Unusually Crisis Prone?

7 Dec 2006 Conferences PDF 143KB
RBA Conference Volume 1999
https://www.rba.gov.au/publications/confs/1999/pdf/bordo-eichengreen.pdf

The Australian Financial System in the 2000s: Dodging the Bullet

13 Dec 2011 Conferences PDF 1104KB
RBA Conference Volume 2011
https://www.rba.gov.au/publications/confs/2011/pdf/davis.pdf

The Australian Financial System in the 1990s

24 Nov 2006 Conferences PDF 101KB
RBA Conference Volume 2000
https://www.rba.gov.au/publications/confs/2000/pdf/gizycki-lowe.pdf

Liquidity and Funding Markets

6 Jan 2014 Conferences PDF 4842KB
RBA Conference Volume 2013
https://www.rba.gov.au/publications/confs/2013/pdf/conf-vol-2013.pdf

The Cost of Inflation in Australia | Conference – 1992

10 Jul 1992 Conferences
Doug McTaggart
One reason for this is the apparent difficulty economists have had in quantifying the costs of inflation within a broadly accepted framework. ... uncertainty. In Section 4 we consider the effects of inflation on interest rates and exchange rates.
https://www.rba.gov.au/publications/confs/1992/mctaggart.html

Some Principles of Financial Regulation: Lessons from the United States | Conference – 1991

21 Jun 1991 Conferences
Al Wojnilower
Treasury bills and the like are a perpetual threat to usurp the monetary function. ... Money market funds were initially created to amalgamate small individual balances for investment in large bank deposits, at a time when banks were allowed to pay
https://www.rba.gov.au/publications/confs/1991/wojnilower.html

Globalisation, Poverty and Income Distribution: Does the Liberal Argument Hold? | Conference – 2002

27 May 2002 Conferences
Robert Hunter Wade
Hence the Bank's claim that the number of people living in poverty fell by 200 million from 1980 to 1998 ought not to be accepted. ... 100.0. Sources: Arrighi and Silver (2002); World Bank (1984, 2000). But many economists say that exchange rate-based
https://www.rba.gov.au/publications/confs/2002/wade.html

Banking Deregulation – A Virtue or a Necessity? | Conference – 1991

21 Jun 1991 Conferences
Rob Ferguson
capital;. liquidity management;. large credit exposures;. foreign exchange exposures;. associations with non-banks;. ... In addition to capital controls, there are the various returns covering large credit and foreign exchange exposures and liquidity for
https://www.rba.gov.au/publications/confs/1991/ferguson.html