Overview
Key Statistics
Bloomberg Short Term Bank Yield Index (BSBY) is a proprietary index calculated daily and published at 7:00 am (EDT) on each US business day. Whitepaper link {NSN QLSU63T1UM0Y <GO>}. The index has been developed to address the needs of the market by providing a series of credit sensitive reference rates that incorporate bank credit spreads and defines a forward term structure. BSBY seeks to measure the average yields at which investors are willing to invest USD funds on a senior unsecured basis in a roster of large institutional banks. Based on consolidated anonymized deposit, commercial paper and certificate deposit transactional data the index uses an advanced quantitative curve fitting methodology to calculate overnight, 1month, 3 months, 6 months and 12 months yields.<BR>ISIN: GB00BL69NN13