TIBOR (Tokyo Interbank Offered Rate)

What is TIBOR (Tokyo Interbank Offered Rate)?

TIBOR (Tokyo Interbank Offered Rate) meaning A daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Japan wholesale money market (or interbank market). See EURIBOR, LIBOR.

 

reference: U.S. COMMODITY FUTURES TRADING COMMISSION – CFTC Glossary