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Bloomberg today announced that the Bloomberg Short-Term Bank Yield Index (BSBY) is now available for use as a reference in financial benchmarks in the U.S. loan market. BSBY includes both a term structure and systemic credit-sensitive spread, which may be used to support the market's transition from LIBOR to risk-free rates, such as SOFR. Bloomberg began publishing BSBY on an indicative basis for the purposes of illustration, analysis and collection of market feedback on October 15, 2020. ....
BISL to pave way for arrival of int’l teams National February 18, 2021 MULTAN: Squash contests between Balochistan International Squash League and Southern Punjab Squash League entered seventh day amid hustle and bustle on Wednesday. A special performance of Qawali was performed on the arrival of guests players at Damdama and the players demonstrated jubilation on Qawali. The folk Jhumar party also performed traditional dance while the international squash players took selfies with the Jhumar party. The squash players of 12 countries visited the historical site of Damdama while Pakistani players and officials were accompanied with them. They largely appreciated the traditional work, handicrafts of Multan and south Punjab region. ....