BSBY: Difference between revisions
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imported>Doug Williamson (Create page. Source - BSBY Fact Sheet - 13 July 2021 - https://assets.bbhub.io/professional/sites/27/BSBY-Fact-Sheet.pdf) |
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Revision as of 00:24, 15 September 2021
Interest rates - reference rates - forward-looking benchmarks - USD - SOFR - LIBOR.
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.
