TONAR: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add alternative form of name. Source: BIS Quarterly Review March 2019) |
imported>Doug Williamson (Expand definition - source - HSBC - https://www.gbm.hsbc.com/financial-regulation/ibor) |
||
| Line 2: | Line 2: | ||
TONAR is a potential risk-free rate substitute for JPY LIBOR in contracts which reference JPY LIBOR. | TONAR is a potential risk-free rate substitute for JPY LIBOR in contracts which reference JPY LIBOR. | ||
TONAR is an unsecured rate. | |||
Revision as of 00:25, 23 July 2021
Tokyo Overnight Average Rate.
TONAR is a potential risk-free rate substitute for JPY LIBOR in contracts which reference JPY LIBOR.
TONAR is an unsecured rate.
TONAR is also sometimes written as TONA, without the R.
See also
- Benchmark
- Euro Overnight Index Average
- EURONIA
- Japan
- JPY
- LIBOR
- Over night index average rate
- Risk-free rates
- SARON
- SONIA
- Sterling overnight index average
- TIBOR
- Tokyo Overnight Average Rate
