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Want to stay ahead in Mexico’s fast-changing swaps market?
By Ian Sams
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Tradition extends outperformance in November 2024
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Energy & Commodities
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The Australian Overnight Index Average (AONIA) rate is a widely used benchmark for overnight money market interest rates in Australia. As a financial reference rate, AONIA provides a reliable and transparent alternative to traditional benchmark rates such as LIBOR.
AONIA is calculated daily by the Reserve Bank of Australia and is based on actual market transactions. The rate is designed to reflect the average overnight money market interest rate in Australia and is used by financial services professionals to price a variety of financial products and instruments.
Key features of AONIA include;
Pricing financial products and instruments
Determining interest rates for loans and mortgages
Calculating returns on investment portfolios
Evaluating the performance of financial investments.
Insight
The importance of high-quality OTC data in navigating inflationary uncertainty
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Tradition appointments to the CFTC Global Markets Advisory Committee (GMAC) & associated Subcommittees
By TraditionData
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