At the end of every fiscal year, JBA reviews members on the reference bank panel for Japanese yen TIBOR and Euroyen TIBOR.
JBA recently solicited applications for assignment as reference banks and selected the fiscal 2008 reference banks based on various criteria including volume of market transactions and outstanding balance of yen assets.
JBA announced that the following financial institutions would serve as reference banks during fiscal 2008.
- Reference Bank Panel for Japanese Yen TIBOR
| Mizuho Bank, Bank of Tokyo-Mitsubishi UFJ, Sumitomo Mitsui Banking Corporation, Resona Bank, Mizuho Corporate Bank, Saitama Resona Bank, Bank of Yokohama, Mitsubishi UFJ Trust & Banking, Mizuho Trust & Banking, Chuo Mitsui Trust & Banking, Sumitomo Trust & Banking, Shinsei Bank, Aozora Bank, DEPFA Bank plc, Shinkin Central Bank and Norinchukin Bank (16 financial institutions in total) |
- Reference Bank Panel for Euroyen TIBOR
| Mizuho Bank, Bank of Tokyo-Mitsubishi UFJ, Sumitomo Mitsui Banking Corporation, Resona Bank, Mizuho Corporate Bank, Bank of Yokohama, Mitsubishi UFJ Trust & Banking, Mizuho Trust & Banking, Chuo Mitsui Trust & Banking, Sumitomo Trust & Banking, Shinsei Bank, JP Morgan Chase Bank, N.A., Deutsche Bank AG, UBS AG, Shinkin Central Bank, Shoko Chukin Bank and Norinchukin Bank (17 financial institutions in total) |