Reserve Bank of Australia Annual Report – 1999 Financial Statements Note 3 – Interest Revenue and Interest Expense
Analysis for the year ended 30 June 1999
| Average Balance | Interest | Average Interest Rate | |
|---|---|---|---|
| $M | $M | % | |
| Interest revenue | |||
| Overseas investments | 23,766 | 963 | 4.1 |
| Domestic government securities | 20,490 | 1,199 | 5.9 |
| Loans and advances | 161 | 5 | 3.1 |
| Overnight settlements | 389 | 19 | 5.0 |
| Gold loans | 1,169 | 18 | 1.5 |
| 45,975 | 2,204 | 4.8 | |
| Interest expense | |||
| Exchange settlement accounts | 1,338 | 62 | 4.6 |
| Non-callable deposits | 4,975 | – | 0.0 |
| Deposits from governments | 2,386 | 113 | 4.7 |
| Deposits from overseas institutions | 81 | 2 | 2.2 |
| Overseas repurchase agreements | 1,824 | 77 | 4.2 |
| Domestic repurchase agreements | 864 | 39 | 4.5 |
| Other deposits | 149 | 4 | 3.0 |
| 11,617 | 297 | 2.6 | |