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Overnight RRP

It stands for overnight reverse repurchase rate (overnight RRP/ ONRRP); an overnight interest rate that is set by a central...

ONRRP

It stands for overnight reverse repurchase rate (overnight RRP); an overnight interest rate that is set by a central bank,...

Overnight Reverse Repurchase Rate

An overnight interest rate that is set by a central bank, at which to borrow money from non-bank entities (for...

ONSF

It stands for overnight standing facility; a standing facility that involves a bank (a regulated entity) lending funds to other...

Overnight Standing Facility

A standing facility that involves a bank (a regulated entity) lending funds to other market participants, on an overnight basis,...

Offset Account

A type of bank account (a transactional account) that's linked to a mortgage account (home loan) so that the interest...

Open Banking

The provision of banking services through application programming interfaces (APIs) developed by a third-party providers, mainly through portals and applications....

Outside Money

The component of the money supply in an economy which is directly created by the government or central bank, such...