Notice

Approved Banks List for 90 Day Bank Accepted Bill Futures Contract Delivery

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Notice reference number: 1238.17.11
Date published: 02/11/17
Effective as of: 07/12/17
Last updated: 03/11/17

Market participants are advised that following the quarterly review of the ASX Prime Banks list using the criteria outlined in the Prime Bank Conventions, there are no changes to the Approved Banks List for the purpose of 90 Day Bank Bill Futures delivery. The Approved Banks which are effective for the December 2017 expiry are as follows:

·         Australia and New Zealand Banking Group Limited

·         Commonwealth Bank of Australia Limited

·         National Australia Bank Limited

·         Westpac Banking Corporation Limited

For the December 2017 contract, acceptable paper will mature between 85 days and 95 days from settlement, i.e. between 3 March 2018 and 13 March 2018.

 

What do I need to do by when?

Participants should advise clients intending to physically settle their December 2017 90 Day Bank Accepted Bill futures contract of the Approved Bank list.

Need more information?

Issued by

Monique Bell, Manager, Benchmarks & Short Term Interest Rate Products

Contact information

+61 (02) 9227 0208
monique.bell@asx.com.au

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