The Tokyo Interbank Offered Rate (TIBOR) is likely to be the first benchmark to be regulated following recent study group discussions. TIBOR, like its counterparts in the UK, Europe and the US is submission based leaving room for manipulation – this was the conclusion by a recent set of study groups held in Tokyo. Members […]
The Tokyo Interbank Offered Rate (TIBOR) is likely to be the first benchmark to be regulated following recent study group discussions. TIBOR, like its counterparts in the UK, Europe and the US is submission based leaving room for manipulation – this was the conclusion by a recent set of study groups held in Tokyo. Members […]