Web7 Dec 2024 · Therefore, market participants are strongly encouraged to unwind the existing THBFIX contracts or actively transition to THOR before mid-2024 while there is still enough liquidity in THBFIX derivatives market for the active transition. Web16 May 2024 · *Note that Modified MIFOR is the identified alternative for MIFOR, SORA is the identified alternative for SOR and THOR is the identified alternative for THBFIX. However, these alternatives are not the fallbacks. Instead, FBIL will calculate and publish an Adjusted MIFOR that will be implemented as the contractual fallback for MIFOR, ABS Co will ...
TraditionDATA releases full suite of THOR analytical data
WebAs USD LIBOR is used to compute the Thai Baht Interest Rate Fixing (THBFIX), the Bank of Thailand (BOT) announced in March 2024 that all THBFIX settings will cease immediately after 30 June 2024, along with the cessation of USD LIBOR. Web9 Aug 2024 · Thailand launched THOR to replace THBFIX. The data is available directly from TraditionDATA as well as on Bloomberg and Refinitiv under the firm’s Global and Risk Free Rates packages. The Bank of Thailand launched THOR in April 2024 to replace the Thai Baht Interest Rate Fixing (THBFIX) which will be discontinued after June 30, 2024. how to share power bi workspace link
THB THBFIX Cessation
Web25 Feb 2024 · Thailand faces a similar issue with THBFIX which uses USD Libor as input. It will be replaced by the THOR repo rate, although a THBFIX fallback calculated from USD Libor SOFR fallback will be available for legacy contracts. Despite its drawbacks, BIBOR is maintained as a forward-looking term rate. Web16 Mar 2024 · Similarly, Thailand will switch its benchmark from THBFIX (Thai Baht Interest Rate Fixing) to THOR (Thai Overnight Repurchase Rate). Financial institutions in Thailand are expected to stop offering new derivatives referencing THBFIX from July 2024 and gradually reduce its total outstanding contracts maturing after 2025 to 50% by mid-2024 and to 25% … Web21 Dec 2015 · The development of THOR by the BOT is intended to replace the Thai Baht Interest Rate Fixing (THBFIX), which will be phased out at year-end 2024 after LIBOR … notion templates for education