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

June 7, 2023
Financial Markets Department
Bank of Japan

The fifth meeting of the "Cross-Industry Forum on Interest Rate Benchmarks" was held on June 7, 2023. For the agenda, items, and minutes of the meeting, please see below.

Outline of the Meeting

Date and Time

: June 7, 2023 (16:00-17:00)

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

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

• efforts on the enhancement of the reliability and robustness of TORF (QUICK Benchmarks)
• exchanging opinions on the usage of each interest rate benchmark

3. AOB

Items

Key Results of the Second Questionnaire Survey on the Transition away from USD LIBOR [PDF 152KB] ^*

• Added on June 13, 2023

Minutes

Cross-Industry Forum on Interest Rate Benchmarks Minutes for the June 7, 2023 Meeting [PDF 532KB] ^*

• Added on July 14, 2023

Inquiries

Market Infrastructure Division, Financial Markets Department

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