About benchmark administration
ASX is responsible for the calculation, publication and oversight of a number of Australian benchmark rates, including two significant financial benchmarks:
- BBSW, calculated by ASX Benchmarks; and
- Bond futures expiry price, calculated by ASX Clear Futures.
ASX also administers End of Day Bank Accepted Bills (EOD BABs) and ASX Realised AONIA – providing issuers, investors, borrowers and lenders with the flexibility to choose the right reference rate for each transaction.
ASX employs sophisticated validation, calculation and oversight functions to ensure subscribers to ASX Benchmarks can use the rates with confidence. ASX Benchmarks bring integrity, transparency and clarity to decision making.
ASX Benchmarks is a licenced administrator under the Corporations Act. BBSW is included on ESMA’s register for third country benchmarks and can be used in the European Union.