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Update on “Roadmap to Prepare for the Discontinuation of Japanese Yen LIBOR”

Summary:
April 16, 2021 Financial Markets DepartmentBank of Japan The Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks, today, updated "Roadmap to Prepare for the Discontinuation of Japanese Yen LIBOR" [PDF 151KB]. Based on "Report from the Sub-Group for the Development of Term Reference Rates," [PDF 276KB] meeting material for the Mar. 26, 2021 Meeting, the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks added a transition plan for interest rate swaps referencing Japanese yen LIBOR and maturing after the end of 2021 to the "Roadmap to Prepare for the Discontinuation of Japanese Yen LIBOR." Inquiries Market Infrastructure Division, Financial Markets Department E-mail : [email protected]

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April 16, 2021 Financial Markets DepartmentBank of Japan

The Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks, today, updated "Roadmap to Prepare for the Discontinuation of Japanese Yen LIBOR" [PDF 151KB].

Based on "Report from the Sub-Group for the Development of Term Reference Rates," [PDF 276KB] meeting material for the Mar. 26, 2021 Meeting, the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks added a transition plan for interest rate swaps referencing Japanese yen LIBOR and maturing after the end of 2021 to the "Roadmap to Prepare for the Discontinuation of Japanese Yen LIBOR."

Inquiries

Market Infrastructure Division, Financial Markets Department

E-mail : [email protected]

Bank of Japan
The Bank of Japan (BOJ) also known as Nippon Ginko, is the central bank of Japan. The Bank is often called Nichigin for short. It has its headquarters in Chuo, Tokyo.

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