OMO at 56bps over OIS – see Chart 2. 1 See NAB Rates Strategy: Australia – basis positions like in Australia.an island of money market pressure, 20 June. Chart 1: NZ BKBM-OIS is well below Australian BBSW-OIS Chart 2: Australian repo remains elevated compared to NZ In contrast to Australia, there are no obvious pressures in Technical Charts have the option to create Spread Charts , with the ability to choose from a number of common spreads (such as Corn 1-2, Soybeans Crush, and Wheat Butterfly), or allowing you to enter your own custom spread calculation (supporting all futures, equities, index and forex symbols). Chart Settings. A chart form resides below the chart. Is the Widening LIBOR-OIS Spread Cause for Concern? Traditionally, a widening spread between LIBOR and OIS (LOIS) has been viewed as a sign of emerging stress in the financial system. This spread is now at its widest level since the global financial crisis, exceeding levels seen at the height of the European sovereign debt crisis (2011-2012) and in