Following the annual review of ASX BBSW documentation, market participants are advised that non material changes have been made to the BBSW Conventions and Methodology (BBSW Conventions) and the BBSW Trade and Trade Reporting Guidelines (BBSW Trading Guidelines). As part of these changes the Prime Bank Conventions have been incorporated into the BBSW Conventions as a new appendix (appendix D). The content of the Prime Bank Conventions remain unchanged.
The changes are designed to consolidate and update the documentation and meet ASX’s obligations as a licenced benchmark administrator.
The updated documents are available on the benchmarks page and will be effective from the 10th February 2020. A summary of the changes can be found in the change control section of the BBSW Conventions and BBSW Trading Guidelines.
Policies and procedures referencing BBSW documentation should be reviewed and updated to reflect any changes ahead of the 10th February 2020. A copy of the full marked up documentation can be provided to participants upon request. Please contact benchmarks@asx.com.au to request a copy of the marked up documentation.
Monique Bell, Benchmark Manager