BSBY: Difference between revisions
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imported>Doug Williamson (Update for LIBOR transition.) |
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* [[Term rate]] | * [[Term rate]] | ||
* [[Term SONIA reference rate]] | * [[Term SONIA reference rate]] | ||
* [[Unsecured]] | * [[Unsecured]] | ||
* [[Wholesale]] | * [[Wholesale]] | ||
* [[Working Group on Sterling Risk-Free Reference Rates]] (RFRWG) | |||
* [[Yield]] | * [[Yield]] | ||
Revision as of 14:28, 27 April 2022
Interest rates - reference rates - forward-looking benchmarks - USD - SOFR.
Abbreviation for Bloomberg Short-Term Bank Yield Index.
BSBY measures the average yields at which systemically important banks access USD unsecured wholesale funding.
It is a forward-looking term rate and reflects those banks’ funding costs for maturities of overnight, 1, 3, 6 & 12 months.
BSBY is administered by Bloomberg Index Services Limited.
