Bank of Japan: First Meeting of the Cross-Sector Forum on Interest Rate Benchmarks

April 21, 2022
Financial Markets Department
Bank of Japan

The first meeting of the “Interprofessional Forum on Interest Rate Indices” was held on April 21, 2022. For the agenda, items and minutes of the meeting, please see below.

Overview of the meeting

Date and time: April 21, 2022 (4:30-5:30 p.m.) Form of meeting: By conference call


1. LIBOR Transition Information Exchange

  • national and international trends on the LIBOR transition (Secretariat)

  • Financial Services Agency and Bank of Japan, “Summary of Results of the Third Survey on the Use of LIBOR” (Financial System and Bank Examination Department, Bank of Japan)

  • exchange on the progress of the LIBOR transition

2. Trends in Benchmark Alternative Interest Rates in Japanese Markets

  • efforts on strengthening the reliability and robustness of TIBOR and TORF (Japanese Bankers Association TIBOR Administration and QUICK Benchmarks)

  • exchange opinions on the use of each interest rate reference

3. Miscellaneous



to be announced


Market Infrastructure Division, Financial Markets Department

Email: [email protected]


Bank of Japan published this content on April 21, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on April 21, 2022 09:14:10 UTC.

Melvin B. Baillie