TIBOR: Difference between revisions
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* [[Syndicated loan]] | * [[Syndicated loan]] | ||
* [[TONAR]] | * [[TONAR]] | ||
==Other resource== | |||
*[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]] | [[Category:The_business_context]] |
Revision as of 22:23, 19 June 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 JPY LIBOR.
See also