BBSWBank Bill Swap Reference Rate (Australian financial market)
BBSWBritish Boarding Schools Workshop (UK)
BBSWBay of Bengal Surface Water
BBSWBijdrageregeling Bedrijfstaksgewijze Scholing Werklozen (Dutch: Training Unemployed Industry Contribution)
BBSWBorn before Star Wars
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References in periodicals archive ?
The credit-based benchmark BBSW (the Bank Bill Swap Rate) has been strengthened and coexists alongside the cash rate, which is the risk-free rate for the Australian dollar.
In 2012 the Australian Securities and Investments Commission (ASIC) started investigating allegations of manipulation of the Australian short-term interest rate benchmark, the Bank Bill Swap Rate, or BBSW. It later launched legal action against ANZ, Westpac, and National Australia Bank (the parent bank of BNZ) in 2016.
Interest rates on loans to large businesses - the bulk of which are closely tied to BBSW rates - have declined over recent months to very low levels (Graph 8).
The Australian government has approved Commonwealth Bank's (CBA: ASX) USD25m settlement with corporate regulator, ASIC, over the bank bill swap rate (BBSW) case.
The bank is the last of Australia's big four banks to be named in ASIC's action over alleged manipulation of the bank bill swap reference rate, or BBSW. Two other banks have settled the case.
Melbourne, Australia: ANZ today rejected allegations regarding bank trading and the bank bill swap rate (BBSW)
The re-offer spread for the new batch is 110 basis points above three-month BBSW.
The Reserve Bank of Australia has asked financial institutions to prepare alternative interest rate benchmarks because of anticipated problems with the controversial bank bill swap rate (BBSW).
The Class A1 notes will be split into a monthly distribution Class A-1a note and a quarterly distribution Class A-1b note with a coupon of 1-month BBSW plus margin and 3-month BBSW plus margin, respectively, with sizing based on investor demand.