Understanding Bloomberg's Short-Term Bank Yield Index (BSBY)
Dec 3, 2025 · BSBY offers credit-sensitive rate benchmarks incorporating bank credit spreads. Launched by Bloomberg in 2021, BSBY supplements SOFR in the transition from LIBOR.
Bloomberg Fixings & Reference Rates
Bloomberg Short-Term Bank Yield index (BSBY) Please note that the final publication of the BSBY index and all tenors took place on Friday, November 15, 2024.
What Is BSBY (Bloomberg’s Short-Term Bank Yield) Index? - Pensford
BSBY is an index calculated and published by Bloomberg as an alternative to SOFR. Where SOFR is based on overnight borrowing secured by Treasurys, BSBY is a credit sensitive rate based on data …
The Little Engine that Couldn’t: The Demise of BSBY
Apr 23, 2024 · BSBY, the Bloomberg Short Term Bond Yield Index, which once was a contender to replace LIBOR, will cease to exist on November 15, 2024. If you’ve never heard of BSBY, or know of …
Out with the Old (LIBOR) and Out with the New (BSBY)? Another Rate ...
Nov 30, 2023 · BSBY has been published since March 2021 as part of the transition away from LIBOR to alternative reference rates.
In November 2023, Bloomberg announced the "permanent cessation" of its Short Term Bank Yield Index (BSBY), starting on November 15, 2024. A Bloomberg spokesperson has indicated that the decision …
Bloomberg Short Term Bank Yield Index (BSBY) Alternative Reference Rate for Lending Solutions The Bloomberg Short Term Bank Yield Index (BSBY) is Bank of America’s preferred replacement for …
USD BSBY Cessation | LSEG - LCH
Dec 12, 2023 · Bloomberg Index Services Limited (“BISL”) issues a statement announcing the cessation of the Bloomberg Short-Term Bank Yield Index (“BSBY”) on 15 November 2023.
The cessation of BSBY will take effect on Friday, November 15, 2024, immediately following the publication of the rate for each BSBY tenor.
Index Announcement Future Cessation of the Bloomberg Short-Term Bank Yield Index (“BSBY”)