3.2.3 Australian Dollar Overnight Index Swaps

Section  7.1 of the 2006 Definitions contains various definitions (with their associated formula) intended for documenting overnight index swaps. These include overnight index swaps based on EONIAi and EURONIAi (for Euro), SONIAi (for Sterling) TOISi (for Swiss francs) and AONIA (for Australian dollars)i.

Before using the ISDA AONIA definitions and formula, users should be satisfied that they operate in an appropriate way. Also, care should be taken to incorporate them appropriately in confirmations.

Last Update Date 29 Jun 2011