Login
ISCOVER
The cost of funding is going anywhere but down, with the three-month bank bill swap rate surging yesterday.
The swap rate reached 7.81 per cent – the highest rate in 13 years, according to The Australian Financial Review.
The three-month bank bill swap rate has now risen by more than 0.60 per cent since the beginning of the year.
You’re out of free articles for this month
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
Looking for more benefits?
Become a Premium Member.
Published: 21-02-08
JOIN THE DISCUSSION