BSBY
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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.
See also
- Bank of England
- Bank of England Base Rate
- Benchmark
- Bloomberg
- Bloomberg Index Services Limited (BISL)
- Risk-free rates (RFR)
- SOFR term rate
- SONIA
- Systemically Important Financial Institution
- Term
- Term fixing
- Term rate
- Term SONIA reference rate
- Unsecured
- Wholesale
- Working Group on Sterling Risk-Free Reference Rates (RFRWG)
- Yield
