AUD BBSW definition
AUD BBSW means in respect of any relevant day (the "Relevant Day") the rate for deposits in Australian Dollar bills of exchange for the Specified Period which appears on the Reuters Screen BBSW Page (or any successor or replacement page as determined by the Calculation Agent) (the "Relevant Screen Page") as of 10.15 a.m., Sydney time (the "Relevant Time"), on the relevant Coupon Determination Date for such Relevant Day. If such rate does not appear on the Relevant Screen Page by 10.30 a.m. Sydney time for such Relevant Day, the rate for such Relevant Day shall be the arithmetic mean of the mid of the bid and ask rates quoted by five of the financial institutions authorised to quote on the Reuters Screen BBSW Page as selected by the Calculation Agent (the "Reference Banks"). The quotations will be for rates which the Reference Banks quoted or would have quoted at approximately 10.00 a.m., Sydney time, on the Coupon Determination Date for such Relevant Day for Australian Dollar bills of exchange for the Specified Period and of the type specified for the purpose of quoting on the Relevant Screen Page. If in respect of a Coupon Determination Date the rate for a Relevant Day cannot be determined in accordance with the foregoing procedures then the rate for such Relevant Day will be the rate determined by the Calculation Agent on the Coupon Determination Date in respect of the Relevant Day having regard to comparable indices then available. The rate calculated or determined by the Calculation Agent on such Coupon Determination Date will be expressed as a percentage rate per annum and will be rounded up, if necessary, to the next higher one ten-thousandth of a percentage point (0.0001%);