Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Australia
IRSTCI01AUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.85
Year-over-Year Change
-11.49%
Date Range
8/1/1990 - 6/1/2025
Summary
The 'Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Australia' trend measures the overnight interbank lending rate in Australia, providing insight into short-term credit market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the daily interest rate at which banks lend to each other on an overnight basis in the Australian money market. It is a key indicator of liquidity and credit risk in the financial system.
Methodology
The data is collected and published by the Reserve Bank of Australia.
Historical Context
Policymakers and analysts monitor this rate to assess monetary policy and financial stability.
Key Facts
- Australia's interbank rate averaged 0.25% in 2022.
- The rate reflects the health of the Australian banking system.
- It is an important input for the Reserve Bank of Australia's policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the daily interest rate at which banks lend to each other on an overnight basis in the Australian money market.
Q: Why is this trend relevant for users or analysts?
A: The interbank rate is a key indicator of liquidity and credit risk in the financial system, providing insight into short-term credit market conditions.
Q: How is this data collected or calculated?
A: The data is collected and published by the Reserve Bank of Australia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this rate to assess monetary policy and financial stability in Australia.
Q: Are there update delays or limitations?
A: The data is published daily by the Reserve Bank of Australia with no known delays or limitations.
Related Trends
Total Credit to Households and Non-Profit Institutions Serving Households, Unadjusted for Breaks, for Australia
CRDQAUAHUBIS
Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Australia
LFEAICTTAUQ647N
Infra-Annual Labor Statistics: Unemployment Total: From 25 to 54 Years for Australia
LFUN25TTAUA647S
Inflation, consumer prices for Australia
FPCPITOTLZGAUS
Exchange Rate Adjusted Changes of Domestic Debt Securities for General Government Issuers, All Maturities, Residence of Issuer in Australia
DSAMRIAOGGERAU
Balance of Payments: Other Investment: Net (Assets Minus Liabilities) for Australia
AUSB6FAOI01CXCUQ
Citation
U.S. Federal Reserve, Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Australia (IRSTCI01AUM156N), retrieved from FRED.