TIBOR: Difference between revisions
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imported>Doug Williamson (Create page. Source: Bank of Japan webpage https://www.boj.or.jp/en/paym/market/jpy_cmte/data/cmt190702c.pdf) |
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The underlying market for JPY TIBOR is the Japan unsecured market. | 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 | JPY TIBOR is widely used as a base rate for bank loans in Japan including syndicated loans. | ||
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Not to be confused with ''JPY LIBOR''. | |||
Not to be confused with JPY LIBOR. | |||
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* [[JPY LIBOR]] | * [[JPY LIBOR]] | ||
* [[LIBOR]] | * [[LIBOR]] | ||
* [[Syndicated loan]] | |||
* [[TONAR]] | * [[TONAR]] | ||
[[Category:Financial_products_and_markets]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 11:56, 10 February 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.
Not to be confused with JPY LIBOR.
