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Fourth Meeting of the Cross-Industry Forum on Interest Rate Benchmarks

March 28, 2023
Financial Markets Department
Bank of Japan

The fourth meeting of the "Cross-Industry Forum on Interest Rate Benchmarks" was held on March 28, 2023. For the agenda, items, and minutes of the meeting, please see below.

Outline of the Meeting

Date and Time
: March 28, 2023 (16:00-17:10)
Venue
: The Head Office of the Bank of Japan (hybrid meeting)

Agenda

1. Exchanging Information on the LIBOR Transition

  • key results of the questionnaire survey on the transition away from USD LIBOR (Secretariat)
  • domestic and international trends on the LIBOR transition (Secretariat)
  • exchanging opinions on the progress of the LIBOR transition
  • The Financial Services Agency and the Bank of Japan, "Summary of Results of the Fourth Survey on the Use of LIBOR" (Financial Services Agency)

2. Trends on Alternative Interest Rate Benchmarks in the Japanese Markets

  • key results of the questionnaire survey on the usage of alternative interest rate benchmarks (Secretariat)
  • efforts on the enhancement of the reliability and robustness of TIBOR (JBA TIBOR Administration)
  • exchanging opinions on the usage of each interest rate benchmark

3. AOB

Items

Minutes

Cross-Industry Forum on Interest Rate Benchmarks Minutes for the March 28, 2023 Meeting [PDF 368KB] *

  • Added on May 2, 2023

Inquiries

Market Infrastructure Division, Financial Markets Department

E-mail : post.fmd33@boj.or.jp