Australia's most liquid market for interest rate options are options over:

Question

Quizplus · Accepted Answer

Bank bill futures are the most liquid market for interest rate options in Australia, as they are actively traded on the Australian Securities Exchange (ASX) and provide a hedge against movements in the underlying bank bill interest rates. Options over bank bills, treasury bills, and treasury bonds are also available, but they are less frequently traded than bank bill futures. Interest rate swaps are not options, but rather a type of financial derivative used for managing interest rate risk.

Australia's Most Liquid Market for Interest Rate Options Are Options