【Reminder】JBATA statement on future cessation of Euroyen TIBOR

September 30, 2024

General Incorporated Association JBA TIBOR Administration

In the statement [1] dated March 6, 2024, JBA TIBOR Administration ("JBATA") has announced that the publication of all tenors (i.e. 1-week, 1-month, 3-month, 6-month, and 12-month) of Euroyen TIBOR will permanently cease immediately after the end of December 2024.[2],[3]

Euroyen TIBOR users are required to take actions for transition away from contracts referencing Euroyen TIBOR and make necessary changes, such as modification of their operations and systems, in a planned manner in light of the statement and other related statements/announcements issued by regulatory supervisors and agencies.

We will continue coordinating with related stakeholders including regulatory supervisors and agencies to ensure the smooth transition away from Euroyen TIBOR and the orderly cessation of Euroyen TIBOR at the end of December 2024.

[Contact information for any inquiring regarding these documents]
Office for TIBOR Reform, General Incorporated Association JBA TIBOR Administration
E-mail: contact@jbatibor.or.jp