BBSW
A forward-looking, unsecured short-term money market rate that includes a credit premium.
BBSW
A forward-looking, unsecured short-term money market rate that includes a credit premium.
The Bank Bill Swap Rate (BBSW) is one of the most widely referenced benchmark rates used in lending transactions and interest rate derivatives. BBSW measures the price at which Prime Bank eligible securities trade in the open market between 8.30am and 10.00am on a Sydney business day.
In 2018, the BBSW methodology underwent significant reform. In line with global best practices, including the IOSCO Principles for Financial Benchmarks and recommendations from the Council of Financial Regulators, a transaction-based layer was added to the BBSW calculation waterfall.
For more information about the methodology and guidelines, see the reference documents.
Bloomberg ticker: BBSW1M, BBSW2M, BBSW3M, BBSW4M, BBSW5M, BBSW6M
Refinitiv ticker: AU1MBA, AUM2MBA, AU3MBA, AU4MBA, AU5MBA, AU6MBA
Linked derivatives: Australian 90 day bank accepted bill futures and options
Market data is provided and copyrighted by Thomson Reuters and Morningstar. Click for restrictions.
Index data is provided © S&P Dow Jones Indices LLC 2020. All rights reserved.