An overview of Tokyo Swap Rate
- RSBL is responsible for computing and managing the Tokyo Swap Rate (TSR), a benchmark series for Japanese yen (JPY) interest rate swaps (IRS).
- This benchmark is extensively utilized in the pricing of swaptions, CMS, structured loans and notes, FRNs, and private finance initiatives.
- The Tokyo Swap Rate benchmarks are released every business day in Japan at 10:30 and 15:30 Tokyo time.
KEY FACTS
FEATURES & BENEFITS
What you get with Tokyo Swap Rate
RSBL is responsible for the computation and management of the Tokyo Swap Rate (TSR), a benchmark series for Japanese yen (JPY) interest rate swaps (IRS). This benchmark is extensively utilized in the pricing of swaptions, CMS, structured loans and notes, FRNs, and private finance projects.
The Tokyo Swap Rate benchmarks are released every business day in Japan at 10:30 AM and 3:30 PM Tokyo time.
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