TIBOR: Difference between revisions
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Tokyo Interbank Offered Rate. | Tokyo Interbank Offered Rate. | ||
Not to be confused with JPY LIBOR. | There are two types of TIBOR: JPY TIBOR and Euroyen TIBOR. | ||
The underlying market for JPY TIBOR is the Japan unsecured market. | |||
JPY TIBOR is widely used as a base rate for bank loans in Japan including syndicated loans. | |||
Euroyen TIBOR's underlying market is the Japan Offshore Market (in which financial institutions including banks and non-residents execute JPY transactions). | |||
Euroyen TIBOR is mainly used for derivatives and is not used as often for loan transactions. | |||
Euroyen TIBOR is scheduled to be discontinued at the end of December 2024. | |||
Not to be confused with the former ''JPY LIBOR''. | |||
LIBOR ended in September 2024. | |||
== See also == | == See also == | ||
* [[EURIBOR]] | * [[EURIBOR]] | ||
* [[Euro]] | |||
* [[Euroyen]] | |||
* [[Japan]] | * [[Japan]] | ||
* [[JPY LIBOR]] | * [[JPY LIBOR]] | ||
* [[LIBOR]] | * [[LIBOR]] | ||
* [[Syndicated loan]] | |||
* [[TONAR]] | * [[TONAR]] | ||
==Other resources== | |||
*[https://www.bankofengland.co.uk/news/2024/october/the-end-of-libor The end of LIBOR - Press release - Bank of England - 1 October 2024] | |||
*[https://www.jbatibor.or.jp/english/news/tibor_18.html Statement on the permanent cessation of Euroyen TIBOR and related issues - JBA TIBOR Administration] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:The_business_context]] | |||
[[Category:Financial_products_and_markets]] | [[Category:Financial_products_and_markets]] | ||
[[Category:The_business_context]] | |||
Latest revision as of 01:13, 5 October 2024
Tokyo Interbank Offered Rate.
There are two types of TIBOR: JPY TIBOR and Euroyen TIBOR.
The underlying market for JPY TIBOR is the Japan unsecured market.
JPY TIBOR is widely used as a base rate for bank loans in Japan including syndicated loans.
Euroyen TIBOR's underlying market is the Japan Offshore Market (in which financial institutions including banks and non-residents execute JPY transactions).
Euroyen TIBOR is mainly used for derivatives and is not used as often for loan transactions.
Euroyen TIBOR is scheduled to be discontinued at the end of December 2024.
Not to be confused with the former JPY LIBOR.
LIBOR ended in September 2024.
See also
