16655 Lecture Notes - Lecture 8: Sibor, Telerate, The Australian Financial Review
Document Summary
In 2009, charter hall undertook a million equity raising. Implied distribution yield (cost of equity) therefore was 8. 8%, before any fees paid by. Cost of debt swap rate: the swap rate is the benchmark rate used to settle all swap, forward rate agreement (fra), interest rate options for all inter-bank transactions and many corporate transactions. It is the australian equivalent of the libor (london inter bank offer. Rate) and sibor (singapore inter bank offer rate): the interest rate that banks charge each other on inter bank loans: the australian financial markets association (afma) calculates the swap reference. Rates daily and they are published daily on aap reuters, telerate, and bloomberg. Australian financial review publishes daily the previous day"s swap reference rates: bank bill swap rate (bbsw) At approximately 10:05am every business day, buy and sell bills are obtained from. 13 banks for the standard maturities of 30, 60, 90, 120, 150 and 180 days.
