Pricing is as follows (effective 17 August 2023):
- ESAS balances – cash that ESAS account holders have on deposit at the Reserve Bank in their ESAS accounts will be remunerated at the Official Cash Rate (OCR), currently 5.50% percent.
- Bond Lending Facility – bonds lent through the Bond Lending Facility will be lent at the OCR less 25 basis points.
- Overnight Reverse Repo Facility – cash will be lent via the Overnight Reverse Repo Facility at the Overnight Reverse Repo Rate which is OCR plus 25 basis points.
- Standing Repurchase Facility – cash deposited through the Standing Repurchase Facility will be remunerated at the OCR less 10 basis points.
Full details of our liquidity facilities including applicable haircuts for eligible securities, eligibility criteria and operational guidelines are available on the Domestic Markets page.
More information:
/Public Release. View in full .
