Search: AFMA
RBA Glossary definition for AFMA
AFMA – Australian Financial Markets Association. A national industry body representing about 200 organisations which participate in the Australian over-the-counter (OTC) wholesale financial markets. Transactions include foreign exchange, interest rate products, financial derivatives, repurchase agreements, commodities, equity and electricity derivatives.
Search Results
Box D: Bank Bill Swap Benchmark Rates
10 Nov 2013
SMP
– November 2013
During the first quarter of 2013, four banks withdrew from AFMA's BBSW survey. ... The venues currently included in AFMA's calculation process are ICAP, Tullett Prebon and Yieldbroker.
https://www.rba.gov.au/publications/smp/2013/nov/box-d.html
Box D: Interbank Reference Rates
10 Aug 2012
SMP
– August 2012
Hence, unlike the BBA's LIBOR survey, AFMA is not surveying the respondents about their own borrowing costs. ... AFMA's survey is more akin to the EBF's Euribor survey in that it is surveying respondents on prime banks' borrowing costs.
https://www.rba.gov.au/publications/smp/2012/aug/box-d.html