Bank Bill Swap Rate in Australia increased to 3.99 percent on Friday February 20 from 3.97 in the previous day. Bank Bill Swap Rate in Australia averaged 4.09 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	3.99	3.97	percent	Feb 2026
Central Bank Balance Sheet	369800.00	366221.00	AUD Million	Feb 2026
Deposit Interest Rate	2.85	2.85	percent	Jan 2026
Foreign Exchange Reserves	104725.00	112452.00	AUD Million	Jan 2026
Interbank Rate	3.60	3.60	percent	Jan 2026
RBA Interest Rate	3.85	3.60	percent	Feb 2026
Private Sector Credit YoY	7.70	7.40	percent	Dec 2025
Loans to Private Sector	1354.81	1344.79	AUD Billion	Dec 2025
Money Supply M0	315.00	325.43	AUD Billion	Dec 2025
Money Supply M1	1952.98	1937.08	AUD Billion	Dec 2025
Money Supply M3	3350.20	3333.09	AUD Billion	Dec 2025
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.