read: 0.5 vols IRS r• FRA Avg. ticket size: USD 10k DV01 Liquid tenors: IRS 1Y-10Y and FRAs out to 9X12 Bid/ask spread: 2-4bp Daily volume: FRA S50k dv01. IRS S150k dv01 Fixing: 3M BUBOR for 1Y IRS; 6M BUBOR for IRS 2Y+ Ref. source: Reuters page <BUBOR=> Government 1.hills and bonds Regulatory: