TONA: Difference between revisions

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imported>Doug Williamson
(Expand definition - source - HSBC - https://www.gbm.hsbc.com/financial-regulation/ibor)
imported>Doug Williamson
(Update for LIBOR transition.)
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Tokyo Overnight Average rate.
Tokyo Overnight Average rate.
TONA is a potential risk-free rate substitute for JPY LIBOR in contracts which reference JPY LIBOR.


TONA is an unsecured rate.
TONA is an unsecured rate.
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===Other links===
==Other links==


[[Media:Slaughter and May interest rate benchmarks.pdf| 2021: A Benchmark Odyssey, Practical Guidance for Treasurers on interest rate benchmarks, Slaughter and May]]
[[Media:Slaughter and May interest rate benchmarks.pdf| 2021: A Benchmark Odyssey, Practical Guidance for Treasurers on interest rate benchmarks, Slaughter and May]]

Revision as of 21:15, 25 April 2022