The rate in this operation will be fixed at the average rate of the main refinancing operations (MROs) over the life of the supplementary LTRO. The operation will be announced on 9 August 2011, with allotment on 10 August 2011 and settlement on 11 August 2011, and will mature on 1 March 2012.
Gizycki M and P Lowe (2000), “The Australian Financial System in the 1990s”, in D Gruen and S Shrestha (eds), The Australian Economy in the 1990s, Proceedings of a Conference, Reserve Bank of Australia, Sydney, pp 180–215. Price F and C Schwartz (2015), Recent Developments in Asset Management, RBA Bulletin, June, forthcoming.