ICE Benchmark Administration Fixing for Australia Dollar.The fixing is conducted each day at 11am (London time).The rate is an average derived from the quotations provided by the banks determined by the ICE Benchmark Administration. The top and bottom quartile is eliminated and an average of the remaining quotations are calculated to arrive at fixing. The fixing is rounded up to 5 decimal places where the sixth digit is five or more. ICE Australian Dollar Libor is calculated on an ACT/360 basis and for value two day after the fixing. For the underlying bank rates type: AU index , for Libor in other currencies type BBAM .