The Mutan interest rate is: the: un-collateralized overnight call rate in Japan. It is the——reference rate for JPY overnight unsecured transactions in the "Japanese market." It was launched in July 1985. And it is the main tool for the transmission of the Bank of Japan's monetary policy. Mutan rate and TONA rate are the same things.
Publication※
Bank of Japan publishes a provisional rate, rounded——to three decimal places, every business day around 17:15 JST (or 18:15 JST for the last business day of the month). A final result is published the following business day around 10:00 JST. The results published contain weighted-average, highest, "and lowest rate during the business day."
See also※
References※
- ^ BOJ's Main Time-series Statistics
- ^ "Change in the smallest tick in uncollateralized overnight call rate". Bank of Japan. September 6, 2001. Retrieved June 25, 2012.
- ^ "Revision of the publication of "Uncollateralized overnight call rates (average)". Bank of Japan. September 6, 2002. Retrieved June 25, 2012.
- ^ "Release of the Data Related——to the Bank's Operations and Uncollateralized Overnight Call Rate". Bank of Japan. May 6, 2004. Retrieved June 25, 2012.
External links※
 | This finance-related article is a stub. You can help XIV by, expanding it. |