Fixed Income and Debt

Money Markets - Part 6

Overview

Interest rate benchmarks play a vital role in financial markets, serving as reference rates for financial contracts and offering performance benchmarks for investors. In Australia, the two primary interest rate benchmarks are the bank bill swap rate (BBSW) and the cash rate. This eCourse provides a high-level overview of Australian interest rate benchmarks, with a focus on the bank bill swap rate (BBSW) and the cash rate.

Objective

On completion of this course, you will be able to:
- Define the bank bill swap rate (BBSW) and how it is calculated
- Describe the history of the BBSW and how it has evolved
- Define the cash rate and how it is calculated
- List the uses of the BBSW and the cash rate in Australian financial markets
- Identify other important Australian interest rate benchmarks

Content

BBSW & Other Australian Benchmarks
Topic 1: Australian Interest Rate Benchmarks – Overview
Topic 2: BBSW
Topic 3: Other Interest Rate Indicators

Details

Code
TEPFD21005301
Venue
ePlatform
Relevant Subject
Type 1 - Dealing in securities
Type 2 - Dealing in futures contracts
Type 3 - Leveraged foreign exchange trading
Type 4 - Advising on securities
Type 5 - Advising on futures contracts
Type 6 - Advising on corporate finance
Type 7 - Providing automated trading services
Type 8 - Securities margin financing
Type 9 - Asset management
Type 10 - Providing credit rating services
Type 11 - Dealing in OTC derivative products or advising on OTC derivative products
Type 12 - Providing client clearing services for OTC derivative transactions
Language
English
Level
Intermediate
Hours
SFC:1.00, PWMA:1.00
Fees
All Member: HK$305
Staff of Corporate Member: HK$305
Non-Member: HK$445