Australian Bank Bills definition

Australian Bank Bills means bills of exchange (as defined in the Bills of Exchange Act of the Commonwealth of Australia) issued, accepted or endorsed by Australian banks with (x) in the case of S&P (i) a rating from S&P at least as high as S&P's then-current rating for the AMPS or (ii) in the case of any Bank Bill with a remaining term to maturity from the Valuation Date of 365 days or less, a rating from S&P at least as high as S&P's short term rating comparable to its then-current rating for the AMPS and (y) in the case of Moody's (i) a long term foreign currency debt rating from Moody's of at least Aa2 or (ii) in the case of any Bank Bill with a remaining term to maturity from the Valuation Date of 180 days or less, a rating from Moody' s of Prime-1 or (iii) any other rating as Moody's shall approve in writing.

Australian Bank Bills means bills of exchange (as defined in the Bills of Exchange Act of the Commonwealth of Australia) issued, accepted or endorsed by Australian banks, (A) in the case of Moody’s, with (i) a long term foreign currency debt rating from Moody’s of at least Aa2 or (ii) in the case of any Bank Bill with a remaining term to maturity from the Valuation Date of 180 days or less, a rating from Moody’ s of Prime–1 or (iii) any other rating as Moody’s shall approve in writing, and (B) in the case of Fitch, with (i) a long-term rating from Fitch of at least AA- or (ii)in the case of any Bank Bill with a remaining term to maturity from the Valuation Date of 180 days or less, a rating from Fitch of at least F1.

Examples of Australian Bank Bills in a sentence

• The countrywide Kadir Has University poll in January 2013 found that just 11.4 per cent of Turks believe that Turkey should be supporting the Syrian opposition, 9.4 per cent believe that Turkey should support foreign military intervention, and 3.4 per cent believe Turkey should intervene uni- laterally.

• Summary and Conclusions In Summary, this study employs a comprehensive data set from the 90-Day Australian Bank Bills Futures market to test the predictive power of the theoretically superior implied volatility against historical volatility.

• Interest Rates: (+) This sector experienced a majority of its losses in Australian Bonds and Australian Bank Bills.

• Therefore, on a relative basis, the results of IV’s ability to predict RV in the 90-Day Australian Bank Bills Futures market are in line with world markets.Regressions (2), (5), (8) and (11) represent the tests of the predictive power of HV.

• Methods: The method, which consists of tangential excision and dermabrasion with sandpaper followed by 30% trichloroacetic acid on the previously sanded area, was prospectively applied in 7 patients.The excised material was histologically studied aiming at detecting hidden neoplasias.