11 Apr, 2018

Bank Funding Costs and The Future of Borrowing

By |2018-04-11T23:52:01+10:00Apr 11, 2018|Case Study, Education|

Since March this year, the benchmark local borrowing rate for Australian banks – the Bank Bill Swap Rate (BBSW) has risen sharply from ~1.80% to over 2.00% as we type, reflecting higher bank funding costs. In the meantime, USD funding costs as represented by the London Interbank Offer Rate (LIBOR) have also risen significantly, after surpassing BBSW since January this [...]