September 25, 2024 05:05 GMT
STIR: RBA Dated OIS Holding A Post-RBA Softening After CPI
STIR
RBA-dated OIS pricing firmed after today’s CPI data but remains 4-7bps lower for the 2025 meetings compared to pre-RBA levels from yesterday.
- A cumulative 16bps of easing is priced by year-end.
Figure 1: RBA-Dated OIS – Today Vs. Pre-CPI
Source: MNI – Market News / Bloomberg
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