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Australia / daily overnight cash rate

Australia Risk Free Rate

Daily observations of Australia's interbank overnight cash rate (AONIA), the Australian dollar risk-free benchmark, published by the Reserve Bank of Australia.

Rate
4.6%
As of
2026-10-08
Daily change
0 bp
History starts
2011-01-04

Why Risk Free Rate matters for AUD

AONIA measures interest on unsecured overnight loans between banks. It is used as the near risk-free benchmark for Australian dollar cash flows and overnight funding.

How to read the daily series

Each date identifies a daily rate observation. The RBA cash-rate target is a separate policy setting announced after Monetary Policy Board meetings. Daily AONIA observations are not policy decisions.

Risk Free Rate and AUD/USD

Daily overnight-rate observations from RBA, overlaid with AUD/USD on a separate scale. Unit: %.

Recent daily observations

The basis-point change compares each rate with the prior available observation.

Recent Australia Risk Free Rate daily observations
Date Rate Daily change
4.6% 0 bp
4.6% 0 bp
4.6% 0 bp
4.6% 0 bp
4.6% 0 bp
4.6% +25 bp
4.35% 0 bp
4.35% 0 bp
4.35% 0 bp
4.35% 0 bp
4.35% 0 bp
4.35% 0 bp
Date
Rate
4.6%
Daily change
0 bp
Date
Rate
4.6%
Daily change
0 bp
Date
Rate
4.6%
Daily change
0 bp
Date
Rate
4.6%
Daily change
0 bp
Date
Rate
4.6%
Daily change
0 bp
Date
Rate
4.6%
Daily change
+25 bp
Date
Rate
4.35%
Daily change
0 bp
Date
Rate
4.35%
Daily change
0 bp
Date
Rate
4.35%
Daily change
0 bp
Date
Rate
4.35%
Daily change
0 bp
Date
Rate
4.35%
Daily change
0 bp
Date
Rate
4.35%
Daily change
0 bp

Australia Risk Free Rate API docs

Request the published daily rate history directly from the versioned API endpoint.

Endpoint coverage and contract

Use /api/v1/announcements/aud/risk_free_rate with start_date, end_date, and limit, sending your API key in the X-API-Key header, to retrieve the series.

Currently documented history runs from 2011-01-04 to 2026-10-08 for this endpoint.

Production OpenAPI schema: https://api.fxmacrodata.com/openapi.json

Common questions

Practical context for using this daily overnight-rate series.

Is AONIA the RBA policy rate?

AONIA is the observed overnight cash rate. The policy rate is the RBA's cash-rate target, decided at Monetary Policy Board meetings.

Does each daily rate have a policy announcement?

No. The daily series contains rate observations. Monetary-policy announcements belong to the separate policy-rate series.