Inappropriate calculation of JBA TIBOR Official Rates, etc
July 12,2022
General Incorporated Association JBA TIBOR Administration
Based on "Policy on Treatment of Revisions to JBA TIBOR Official Rates, etc.", we announce the situation of inappropriate calculation of JBA TIBOR Official Rates, etc from April 1 to June 30, 2022.
During this period, the situation of inappropriate calculation of Japanese Yen TIBOR and Euroyen TIBOR is as follows.
Note that there were no revisions to Official Rates.
# | Date | Principal |
Impact on the level of Official rates |
Revision of Official Rates |
1 | 6/30 | Reference Bank |
None(※) |
N/A |
※ Although there were inappropriate calculations of the reference rates of a Reference bank due to errors in the calculation, there was no impact on the level of Official Rates because Official Rates were calculated based on the accurate reference rates.