Changes to how BBSW is calculated

24 July 2017

 

Early this year the Australian Financial Markets Association announced that the ASX had been appointed as the new bank bill swap (BBSW) benchmark rate administrator. Following a transition period, the ASX has now taken over full responsibility for calculating the BBSW which is a key interest rate benchmark. The BBSW is the primary short-term rate used in the financial markets for the pricing and valuation of derivatives and debt securities...

read full story