Reserve Bank of Australia and SONIA: Difference between pages

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imported>Doug Williamson
(Create page. Source - RBA - https://www.rba.gov.au/contact/locations.html)
 
imported>Doug Williamson
(Update due to name change.)
 
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''Central banks - Australia.''
Sterling Overnight Index Average.


(RBA).


The Reserve Bank of Australia is Australia's central bank.
Tracks actual average market sterling funding rates each day:
*for settlement that day
*where repayment is made on the following business day.  


Its overarching mission is to contribute to:


*Stability of Australia's currency.
It is published by WMBA Ltd (part of European Venues and Intermediaries Association - EVIA) in London at 5pm each day.  
*Maintenance of full employment in Australia.
*The economic prosperity and welfare of the people of Australia.




It is headquartered in Sydney.
It is defined and calculated as the weighted average rate (to four decimal places) of all unsecured sterling overnight cash transactions brokered in London by EVIA member firms between midnight and 4.15pm London time with all counterparties in a minimum deal size of £25 million.




== See also ==
== See also ==
* [[Australia]]
* [[Benchmark]]
* [[Central bank]]
* [[Euro Overnight Index Average ]]
* [[Currency]]
* [[EURONIA]]
* [[Interbank]]
* [[European Venues and Intermediaries Association]]
* [[RITS]]
* [[LIBOR]]
* [[Welfare]]
* [[Over night index average rate]]
* [[Overnight indexed swap]]
* [[SARON]]
* [[Sterling overnight index average]]
* [[TONAR]]


[[Category:Accounting,_tax_and_regulation]]
 
[[Category:The_business_context]]
 
===Other links===
 
[http://www.wmba.org.uk/pages/index.cfm?page_id=31 Wholesale Markets Brokers' Association (WMBA)]

Revision as of 12:49, 4 January 2018

Sterling Overnight Index Average.


Tracks actual average market sterling funding rates each day:

  • for settlement that day
  • where repayment is made on the following business day.


It is published by WMBA Ltd (part of European Venues and Intermediaries Association - EVIA) in London at 5pm each day.


It is defined and calculated as the weighted average rate (to four decimal places) of all unsecured sterling overnight cash transactions brokered in London by EVIA member firms between midnight and 4.15pm London time with all counterparties in a minimum deal size of £25 million.


See also


Other links

Wholesale Markets Brokers' Association (WMBA)

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