RBA rate definition
Examples of RBA rate in a sentence
Both an amortization of the previous calendar year-end balance in the RBA, adjusted for any Earnings Sharing Revenue Credits or Major Capital Projects Credits, Baseline Capital Projects Credits or corrections, any Performance Incentive Adjustment provided in accordance with the Performance Incentive Mechanism Provision and the RAM Revenue Adjustment will be recovered through a per-kWh RBA rate adjustment, over the 12 months from June 1 of the current calendar year to May 31 of the succeeding calendar year.
The recorded adjusted revenue is defined to include the electric sales revenue from authorized base rates, plus revenue from any authorized interim rate increase, plus revenue from any RBA rate adjustment, but excluding revenue for fuel and purchased power expenses, IRP/DSM, any Commission Ordered one-time rate refunds or credits or other surcharges, and adjusted to remove amounts for applicable revenue taxes.
The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the Series #GIANNISIMMACULATE9 going forward.
The applicable interest rate, I, is worked out as the RBA rate (4.5%), as it is an Australian nominated contract, plus 2.5% as it is a Long Position, equalling 7%: F = [(40.80/1) x 100 x 7%]/365 = $0.78 This amount would be calculated after the close of business and $0.78 would be debited from your Account.
Overnight Financing Share Example: You Buy 100 CFDs in BHP, which you hold Overnight, and the Reserve Bank of Australia (RBA) rate is 4.5%.
As it is a Short Position, I is worked out as the RBA rate (4.5%) minus 2.5%, equalling 2%.
From here, the pattern of RBA rate increases, the final peak floating rate and any potential subsequent rate cuts remain to be seen.
Amounts outstanding after 30 days will be subject to interest charges based on the RBA rate plus 5% effective from the invoice date.
In addition, Glennon Capital is to be paid, quarterly in arrears, a performance fee of 20% (plus GST) of the portfolio’s outperformance over the benchmark return, being the RBA rate of 1.5% plus a 2% outperformance.
It is proposed that an amount termed ‘RBA – ESA Funds’ will be deposited in the ESA in accordance with the agreement with RBA) members continue to earn the RBA rate at 25 basis points below the RBA official cash rate and the designated excess invested in accordance with ASL’s Large Exposure Policy.