Japan Markets ViewTONA Averages & TONA Index Delivered to Refinitiv

TONA Averages & TONA Index Delivered to Refinitiv

QUICK Corp. (Head office: Chuo-ku, Tokyo; President & CEO: Shinzo Takami; hereinafter “QUICK”) is pleased to announce that we have begun distributing benchmarks (TONA Averages & TONA Index) calculated by compounding the Japanese yen uncollateralized overnight call rate (TONA) to Refinitiv Japan K.K. (Minato-ku, Tokyo; Representative Director: Hideo Tomita; hereinafter “Refinitiv”). In addition to QUICK’s terminal service (Code: TONA@) and website, these benchmark data are also available on “Eikon” provided by Refinitiv, an LSEG business.

 

The Japanese yen uncollateralized overnight call rate (TONA) is one of the successor rates to the Japanese Yen LIBOR. However, if it is to be used as an alternative to Japanese Yen LIBOR, it must be compounded using daily TONA. By using TONA Averages & TONA Index, you can share this daily compounding level of TONA and reduce the burden of calculation and reconciliation.

 

For more information on how to use Refinitiv’s services, please see the following.

 

■ Service Codes of TONA Averages & TONA Index

TONA Averages (30-day) : TONA1MAVG=QCKJ
TONA Averages (90-day) : TONA3MAVG=QCKJ
TONA Averages (180-day) : TONA6MAVG=QCKJ
TONA Index : .TONA

 

【About Refinitiv】
Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the world’s largest providers of financial markets data and infrastructure. With more than 40,000 customers and 400,000 end users in approximately 190 countries, Refinitiv is powering participants across the global financial marketplace.
For more information visit: www.refinitiv.com

 

 

【Contact us】
https://quickmk.smktg.jp/public/application/add/7214

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