All posts tagged "TORF"
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417FeatureJapan Unveils Decisions on Treatment of Legacy LIBOR Contracts
Synthetic JPY LIBOR may be used if the contracting parties agree to do so, as well as in "exceptional cases" where it is difficult to proceed with negotiations.
November 24, 2021 -
517EuropeFCA Confirms Rules on Using Synthetic GBP and JPY LIBOR
Synthetic GBP and JPY LIBOR rates will be published until end-2022 and can be used in all legacy LIBOR contracts other than cleared derivatives.
November 17, 2021 -
464Europe
FCA Consults on Permitted Use of Synthetic LIBOR Rates
The FCA proposes to permit legacy use of synthetic GBP and JPY LIBOR in all contracts except cleared derivatives for the duration of 2022.
September 30, 2021 -
263Feature
LIBOR Alternatives Gain Traction in Japan – Report
OIS transactions based on TONA and TIBOR increased in July, suggesting alternative rates to JPY LIBOR are gaining traction.
August 6, 2021 -
196Europe
FCA Consults on Intention to Compel Publication of Synthetic LIBOR
The FCA intends to compel publication of synthetic versions of GBP and JPY LIBOR, using forward-looking term version of RFRs.
June 25, 2021 -
237Japan
Japanese FIs Still Have $24tr in LIBOR Exposures – Report
The December 2020 figure is down only slightly from the $27.5tr of contracts referencing LIBOR 18 months earlier at the end of June 2019.
May 20, 2021 -
236JapanQUICK Benchmarks Starts Publishing TORF Production Rates
TORF production rates can be used in actual transactions, and are published each business day on the same day at 5pm.
April 28, 2021 -
314Feature
Japan Sets End Date for New JPY LIBOR Interest Rate Swaps
New interest rate swaps referencing JPY LIBOR and maturing after the end of 2021 should cease by end-September 2021.
April 20, 2021 -
489Feature
Japan to Start Publishing TORF Production Rates from 26 April
QUICK Benchmarks, formed in January 2021, has been publishing TORF prototype rates weekly since May 2020 and daily since October 2020.
April 7, 2021
