Implied Probability
14.7%
Historical 12.6%
Search for a command to run...
Protection against seasonal hydro catchment inflows falling below a predefined reference threshold.
Bid
7.8%
Provide capacity
Ask
8.3%
Buy protection
Spread
0.5 pts
Indicative market
Implied Probability
14.7%
Historical 12.6%
Available Capacity
$10.2M
$31.5M listed
Maturity
30 Sep 2027
1 October 2026 – 30 September 2027
Market Spread
0.5 pts
Indicative bid–ask
Illustrative pricing movement over the preceding six weeks.
Current indicative yield
8.3%
Range 7.1%–8.9%
Indicative capacity available by premium rate.
Simulated transactions for demonstration.
| Time | Direction | Notional | Rate |
|---|---|---|---|
| 12:24:18 | Protection | $750K | 8.3% |
| 12:18:42 | Capacity | $1.2M | 7.8% |
| 12:07:11 | Protection | $500K | 8.2% |
| 11:56:35 | Capacity | $2M | 7.7% |
| 11:43:08 | Protection | $900K | 8.3% |
Comparable exposures within the current market or region.
Market Open
Indicative trading
Observation
1 October 2026 – 30 September 2027
Verification
Independent catchment, rainfall and hydro-system inflow data
Settlement
30 Sep 2027