Australian Commonwealth Government Loans (XCL)

Shares / Stock Code

XCL

Stock Exchange / Sharemarket

Australian Securities Exchange

Australian Commonwealth Government Loans (XCL) is the central Bank of Australia which manages a lot of matters related to Australian's government like controlling monetary policy defining foreign exchange ration and many others. It was listed in the ASX on 26 February 1971. It is represented by its ticker symbol (XCL). Moreover, it is located in 65 Martin Place, SYDNEY. The Reserve Bank of Australia is Australia's central bank. It conducts monetary policy, works to maintain a strong financial system and issues the nation's currency. As well as being a policy-making body, the Reserve Bank provides selected banking and registry services to a range of Australian government agencies and to a number of overseas central banks and official institutions. It also manages Australia's gold and foreign exchange reserves.

Australian Commonwealth Government Loans History

In 1911, legislation established the Commonwealth Bank of Australia. In 1959, this original body corporate was preserved as the Reserve Bank of Australia (RBA) in legislation, specifically to carry on the central banking functions; at that same time, the commercial and savings banking functions were transferred into a new institution, which carried on the old name of Commonwealth Bank of Australia.

Australian Commonwealth Government Loans (XCL) Products and Services

  • Control monetary policy and perform many other tasks

Australian Commonwealth Government Loans (XCL) Locations and Subsidiaries

Australian Commonwealth Government Loans Head Office
65 Martin Place,
SYDNEY
Phone: (02) 9551 8111
Fax: (02) 9551 8000

Australian Commonwealth Government Loans (XCL) Share Price

Submitted by ASX Listed Company on 27 February, 2010 - 22:10

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