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

April 21, 2022
Financial Markets Department
Bank of Japan

The first meeting of the "Cross-Industry Forum on Interest Rate Benchmarks" was held on April 21, 2022. For the agenda, items, and minutes of the meeting, please see below.

Outline of the Meeting

Date and Time
: April 21, 2022 (16:30-17:40)
Form of the Meeting
: Via conference call

Agenda

1. Exchanging Information on the LIBOR Transition

  • domestic and international trends on the LIBOR transition (Secretariat)
  • The Financial Services Agency and the Bank of Japan, "Summary of Results of the Third Survey on the Use of LIBOR" (Financial System and Bank Examination Department, Bank of Japan)
  • 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 TIBOR and TORF (Japanese Bankers Association TIBOR Administration and QUICK Benchmarks)
  • exchanging opinions on the usage of each interest rate benchmark

3. AOB

Items

Minutes

Cross-Industry Forum on Interest Rate Benchmarks Minutes for the April 21, 2022 Meeting [PDF 374KB] *

  • Added on May 30, 2022

Inquiries

Market Infrastructure Division, Financial Markets Department

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