BIBOR – Bangkok Interbank Offered Rate

Global Markets

28 April 2016

BANGKOK INTERBANK OFFERED RATE (BIBOR Rates)

as of 28 April 2016 1:15 PM
Tenor Latest
28 April 2016
Change Previous day
27 April 2016
O/N 1.50000 0.00000 1.50000
1 Week 1.52000 0.00000 1.52000
1 Month 1.53801 0.00001 1.53800
2 Months 1.55825 -0.00004 1.55829
3 Months 1.59721 -0.00003 1.59724
6 Months 1.72045 0.00005 1.72040
9 Months #REF! #REF! #REF!
1 Year 1.98316 0.00096 1.98220

BANGKOK INTERBANK OFFERED RATE (BIBOR)

BIBOR (Bangkok Interbank Offered Rate) is the average of the borrowing rates for clean loan transactions tenor O/N till 1 year quoted by predetermined banks totally 17 banks in Thailand (including UOBT).

BIBOR is a reference rate which is fixed at 11.00 a.m. of each working day and published by BOT at 11.15 a.m.

Summary of BIBOR Design and Methodology

Subject Description
1. Current number of rate contributors 17 banks
2. Quote time 10.45-11.00 AM (Bangkok time)
3. Tenors O/N,1 week, 1, 2, 3, 6, 9, and 12-month
4. Distribution time 11.15 AM on daily working day (the rates are specified as of 11.00 AM)
5. Settlement date< T+2 for all maturities except O/N
6. Day count convention Actual / 365
7. Calculation method Eliminate the first two highest and lowest of the quoted rates and arithmetic-averaging the remaining rates for the day.
8. Calculation result BIBOR rates with 5 decimals (rounding up the sixth decimal place when it is 5 or more)

COMPARISON POLICY RATE - BIBOR - THBFIX