Indicative Yield
11.6%
Bid 10.9% · Ask 11.6%
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THEORI-INF-SA-GO27
Parametric protection against a qualifying extended transmission outage affecting designated infrastructure.
Indicative Yield
11.6%
Bid 10.9% · Ask 11.6%
Implied Probability
9.4%
Historical frequency 7.8%
Total Notional
$51M
$14.3M available
Maturity
28 Feb 2027
1 December 2026 – 28 February 2027
Objective terms governing observation and settlement.
Trigger
A qualifying transmission outage affecting the designated region exceeds 12 consecutive hours.
Geographic Scope
South Australia
Observation Period
1 December 2026 – 28 February 2027
Data Source
Independent transmission-network and market-operator outage data
Illustrative yield and probability movements.
Automatic settlement after the qualifying outage duration is verified.
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.