Implied Probability
13.6%
Historical 11.9%
Search for a command to run...
Protection against aggregate wind generation falling below a predefined quarterly threshold.
Bid
8.2%
Provide capacity
Ask
8.7%
Buy protection
Spread
0.5 pts
Indicative market
Implied Probability
13.6%
Historical 11.9%
Available Capacity
$8.4M
$28.5M listed
Maturity
31 Mar 2027
1 January 2027 – 31 March 2027
Market Spread
0.5 pts
Indicative bid–ask
Illustrative pricing movement over the preceding six weeks.
Current indicative yield
8.7%
Range 7.5%–9.3%
Indicative capacity available by premium rate.
Simulated transactions for demonstration.
| Time | Direction | Notional | Rate |
|---|---|---|---|
| 12:24:18 | Protection | $750K | 8.7% |
| 12:18:42 | Capacity | $1.2M | 8.2% |
| 12:07:11 | Protection | $500K | 8.6% |
| 11:56:35 | Capacity | $2M | 8.1% |
| 11:43:08 | Protection | $900K | 8.7% |
Comparable exposures within the current market or region.
Market Open
Indicative trading
Observation
1 January 2027 – 31 March 2027
Verification
Independent energy-market generation data
Settlement
31 Mar 2027