Bank Bill Swap Rate in Australia increased to 4.38 percent on Tuesday May 5 from 4.37 in the previous day. Bank Bill Swap Rate in Australia averaged 4.10 percent from 2023 until 2026, reaching an all time high of 4.49 percent in July of 2024 and a record low of 3.49 percent in October of 2025.

Related	Last	Previous	Unit	Reference
Bank Bill Swap Rate	4.38	4.37	percent	May 2026
Central Bank Balance Sheet	353357.00	354258.00	AUD Million	Apr 2026
Foreign Exchange Reserves	106807.00	105800.00	AUD Million	Mar 2026
Interbank Rate	4.10	3.96	percent	Apr 2026
RBA Interest Rate	4.35	4.10	percent	May 2026
Private Sector Credit YoY	8.10	7.80	percent	Mar 2026
Loans to Private Sector	1377.50	1363.61	AUD Billion	Mar 2026
Money Supply M0	286.60	303.65	AUD Billion	Mar 2026
Money Supply M1	1977.34	1964.02	AUD Billion	Mar 2026
Money Supply M3	3419.95	3396.60	AUD Billion	Mar 2026
Private Debt to GDP	70.90	69.20	percent	Dec 2024

Australia 3-Month Bank Bill Swap Rate

In Australia, Bank Bill Swap Rates (BBSW) are credit-based interest rate benchmarks which measure the cost for highly rated banks in Australia to issue short-term bank paper for each monthly tenor between one month and six months.