RDP 9504: The Link Between the Cash Rate and Market Interest Rates Appendix 2: Data

Philip Lowe

May 1995

All interest rates are expressed in per cent per annum.

Cash rate RBA Bulletin, Table F.1. The daily cash rate series is from internal RBA sources.
3–6-month certificates of deposit RBA Bulletin, Table B.11.
90 and 180-day bank bills RBA Bulletin, Table F.1.
13-week treasury notes RBA Bulletin, Table F.1.
2, 5 and 10-year treasury bonds RBA Bulletin, Table F.2.
Cash management trusts RBA Bulletin, Table F.4.
Low-balance accounts RBA Bulletin, Table F.3. This series is the interest rate on transaction and investment accounts containing less than $2,000.
High-balance accounts RBA Bulletin, Table F.3. This series is the interest rate on transaction and investment accounts containing more than $10,000.
1-month fixed deposits RBA Bulletin, Table F.3.
1-year fixed deposits RBA Bulletin, Table F.3.
Business indicator rate RBA Bulletin, Table F.3. The business indicator rate used in this paper is an arithmetic average of the upper and lower bounds of the observed business indicator rates reported by major banks for large businesses.
Housing rate RBA Bulletin, Table F.3. The housing rate is the interest rate reported for loans on owner occupied dwellings.
Personal instalment rate RBA Bulletin, Table F.3. The personal instalment rate used in this paper is an arithmetic average of the upper and lower bounds of the observed personal instalment rates reported by major banks for personal loans repaid by instalments.
Credit card rate RBA Bulletin, Table F.3. The credit card rate used in this paper is an arithmetic average of the upper and lower bounds of the observed credit card rates reported by major banks on their credit cards with interest free periods.
Low-interest-rate deposits RBA, internal sources.
Average interest rate on low-interest-Rate deposits RBA, internal sources.
Non-interest income RBA, internal sources. The non interest income of banks is expressed as a percentage of their total assets for the period.
Operating expenses RBA, internal sources. The operating expenses are expressed as a percentage of banks total assets for the period.
Charge to profit by banks for bad and doubtful debts RBA, internal sources. The charge to profit is expressed as a percentage of loans and acceptances. It is an aggregate for the major banks. The data are based on reports published by banks at the end of their financial years. For most banks these reports are published at end September. One bank's financial year ends in June.