Reserve Bank of Australia Securities Lending Facility Sample Clauses

Reserve Bank of Australia Securities Lending Facility. ‌ To aid market functioning, the Reserve Bank stands ready to lend securities that it owns against cash or eligible collateral on a reverse enquiry basis. The Reserve Bank will also consider proposals to sell government bonds that it owns outright against an offsetting (duration-neutral) purchase of government bonds, although accepting such a proposal will be entirely at the discretion of the Reserve Bank, and the Reserve Bank will typically charge a spread relative to mid-market rates. The Reserve Bank publishes details of its outright holdings of government bonds in Statistical Table A3.1. Certain restrictions are currently in place regarding the April ’23 and April ’24 Australian Government Bonds. RBA has instituted ‘market notices’ pages (RBAO9 on Bloomberg, RBA40 on Refinitiv) and on its website outlining these restrictions, and the fees that may apply to borrow these bonds.
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Related to Reserve Bank of Australia Securities Lending Facility

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