Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks
The Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks was established in August 2018 to conduct necessary deliberations with aims to facilitate market participants and interest rate benchmark users to appropriately choose and use Japanese yen interest rate benchmarks.
Terms of Reference and List of the Participants
Releases
Table : Releases
| Date |
Title |
| Feb. 8, 2019 |
Minutes for the Fifth Meeting of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks on Jan. 18, 2019 [PDF 182KB] |
| Jan. 18, 2019 |
Agenda for the Fifth Meeting of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks on Jan. 18, 2019 [PDF 22KB] |
| Jan. 18, 2019 |
Item I: Reports from the Sub-Group for the Development of Term Reference Rates [PDF 238KB] |
| Jan. 18, 2019 |
Item II: Reports from the Sub-Group on Loans [PDF 111KB] |
| Jan. 18, 2019 |
Item III: Reports from the Sub-Group on Bonds [PDF 108KB] |
| Jan. 18, 2019 |
Item IV: Outreach to the Accounting Standards Board of Japan [PDF 103KB] |
| Jan. 18, 2019 |
Item V: Direction of Way Forward - Toward Public Consultation [PDF 180KB] |
| Jan. 18, 2019 |
Item VI: The Committee's Commitment to External Communication [PDF 148KB] |
| Nov. 28, 2018 |
Minutes for the Fourth Meeting of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks on Nov. 8, 2018 [PDF 120KB] |
| Nov. 16, 2018 |
Minutes for the Third Meeting of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks on Oct. 24, 2018 [PDF 184KB] |
| Nov. 16, 2018 |
List of the Participants of Working Group on Currency Swaps [PDF 170KB] |
| Nov. 8, 2018 |
Agenda for the Fourth Meeting of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks on Nov. 8, 2018 [PDF 35KB] |
| Nov. 8, 2018 |
"Working Group on Currency Swaps" Terms of Reference [PDF 43KB] |
| Oct. 24, 2018 |
Agenda for the Third Meeting of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks on Oct. 24, 2018 [PDF 23KB] |
| Oct. 24, 2018 |
Item I: Classification Related to Term Reference Rates [PDF 112KB] |
| Oct. 24, 2018 |
Item II: Possible Options and Evaluations of Reference Rates for Loans [PDF 42KB] |
| Oct. 24, 2018 |
Item III: Possible Options and Evaluations of Reference Rates for Bonds [PDF 42KB] |
| Oct. 24, 2018 |
Item IV: Issues with regard to Possible Options for Term Reference Rates [PDF 245KB] |
| Oct. 24, 2018 |
Item V: Direction of Way Forward [PDF 44KB] |
| Oct. 24, 2018 |
Item VI: The Committee's Commitment to External Communication [PDF 135KB] |
| Oct. 17, 2018 |
Minutes for the Second Meeting of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks on Sep. 26, 2018 [PDF 56KB] |
| Sep. 26, 2018 |
Agenda for the Second Meeting of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks on Sep. 26, 2018 [PDF 24KB] |
| Aug. 23, 2018 |
Minutes for the First Meeting of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks on Aug. 1, 2018 [PDF 159KB] |
| Aug. 1, 2018 |
Agenda for the First Meeting of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks on Aug. 1, 2018 [PDF 23KB] |
| Aug. 1, 2018 |
Item 1: Use of Interest Rate Benchmarks [PDF 200KB] |
| Aug. 1, 2018 |
Item 2: Developments regarding Interest Rate Benchmarks across Jurisdictions (five LIBOR currencies) [PDF 221KB] |
| Aug. 1, 2018 |
Item 3: Proposed Framework for the Deliberating Body [PDF 245KB] |
| Aug. 1, 2018 |
Item 4: Proposed Roadmap for Interest Rate Benchmark Reform [PDF 209KB] |
| Jul. 20, 2018 |
Establishment of the "Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks" [PDF 54KB] |
Sub-Groups
Sub-Groups were established by the decision of the Committee under the Committee to conduct necessary deliberations by products or by themes drawing on the views of practitioners or experts.
Sub-Group on Loans
Sub-Group on Bonds
Sub-Group for the Development of Term Reference Rates
Study Group on Risk-Free Reference Rates
The Study Group on Risk-Free Reference Rates has conducted necessary deliberations on the identification of a Japanese yen nearly risk-free benchmark rate and usage of the rate since April 2015.
