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Definition of


Banking abbr

Australian banks' obligatory holding in secure assets prime assets ratio: the proportion of total liabilities which Australian banks are obliged by the Reserve Bank to hold in secure assets such as cash and government securities.

Definitions of ’PAR’ and meaning of ’PAR’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’PAR’ and other financial terms with our online QFINANCE Financial Dictionary.

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