Reserve Bank of Australia Annual Report – 2004 Financial Statements Note 4 – Interest Revenue and Interest Expense
Analysis for the year ended 30 June 2004
| Average balance $M | Interest $M | Average annual interest rate % | |
|---|---|---|---|
| Interest revenue | |||
| Overseas investments | 49,107 | 1,024 | 2.1 |
| Australian dollar securities | 14,513 | 811 | 5.6 |
| Loans, advances and other | 29 | 1 | 3.4 |
| Overnight settlements | 760 | 37 | 4.8 |
| Gold loans | 1,398 | 16 | 1.2 |
| 65,807 | 1,889 | 2.9 | |
| Interest expense | |||
| Banks' Exchange Settlement balances | 779 | 38 | 4.8 |
| Deposits from governments | 12,274 | 625 | 5.1 |
| Deposits from overseas institutions | 549 | 4 | 0.7 |
| Overseas repurchase agreements | 7,800 | 81 | 1.0 |
| Domestic repurchase agreements | 885 | 42 | 4.8 |
| Currency note holdings of banks | 2,676 | 136 | 5.1 |
| Other deposits | 68 | 3 | 3.8 |
| 25,031 | 929 | 3.7 | |
| Analysis for the year ended 30 June 2003 | |||
| Interest revenue total | 61,909 | 2,175 | 3.5 |
| Interest expense total | 21,640 | 804 | 3.7 |