Indicative Yield
7.9%
Bid 7.4% · Ask 7.9%
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THEORI-WTR-MDB-RD27
Protection against materially below-normal rainfall across the Murray–Darling Basin.
Indicative Yield
7.9%
Bid 7.4% · Ask 7.9%
Implied Probability
17.1%
Historical frequency 16.4%
Total Notional
$23M
$7.1M available
Maturity
30 Jun 2027
1 July 2026 – 30 June 2027
Objective terms governing observation and settlement.
Trigger
The designated basin rainfall index falls below the 20th historical percentile.
Geographic Scope
Murray–Darling Basin
Observation Period
1 July 2026 – 30 June 2027
Data Source
Independent meteorological station and basin rainfall-index data
Illustrative yield and probability movements.
Cash settlement following publication and verification of the final rainfall index.
AI Risk Brief
The current indicative premium is above the historical event frequency, reflecting recent forecast conditions, elevated energy-market sensitivity and constrained available capacity.