Bank Bill Swap Rate in Australia increased to 4.79 percent on Tuesday October 20 from 4.77 in the previous day. Bank Bill Swap Rate in Australia averaged 4.15 percent from 2023 until 2026, reaching an all time high of 4.79 percent in October of 2026 and a record low of 3.49 percent in October of 2025.

Related	Last	Previous	Unit	Reference
Bank Bill Swap Rate	4.79	4.77	percent	Oct 2026
Central Bank Balance Sheet	346879.00	349795.00	AUD Million	Oct 2026
Deposit Interest Rate	3.30	3.30	percent	Sep 2026
Foreign Exchange Reserves	109715.00	106019.00	AUD Million	Sep 2026
Interbank Rate	4.36	4.35	percent	Sep 2026
RBA Interest Rate	4.60	4.35	percent	Sep 2026
Private Sector Credit YoY	8.40	8.40	percent	Aug 2026
Loans to Private Sector	1452.36	1440.60	AUD Billion	Aug 2026
Money Supply M0	304.92	308.00	AUD Billion	Aug 2026
Money Supply M1	2004.43	2026.41	AUD Billion	Aug 2026
Money Supply M3	3497.28	3511.95	AUD Billion	Aug 2026
Private Debt to GDP	70.97	70.72	percent	Dec 2025

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.