BankscustomersBanksdelaersSecuritiesfirmsInsurance CompaniesPensions Asset managementsInvestment trustsHedge fundsCorporates othersInterbank TransactionsThe numbers represent the proportion of NonIBOR ID: 878603
Download Pdf The PPT/PDF document "regarded as" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
1 Banks (regarded as customers) Banks del
Banks (regarded as customers) Banks delaers Securities firms Insurance Companies Pensions, Asse
2 t managements Investment trusts, Hedge f
t managements Investment trusts, Hedge funds Corporates, others Interbank Transactions The numbers
3 represent the proportion of Non IBOR
represent the proportion of Non IBOR related transactions. It is estimated that the significant
4 proportion of these transactions could
proportion of these transactions could be replaced with OISs. The arrows represent the direction
5 of fixed interest payment. The width of
of fixed interest payment. The width of the arrows between dealers and customers indicate the app
6 roximate size of markets. And, the trans
roximate size of markets. And, the transaction size of int dealers is estimated to be 2 3 times a
7 s much as that of transactions between d
s much as that of transactions between dealers and customers. 20~40% 50~100% Transactions with Cu
8 stomers Taken together, the potential us
stomers Taken together, the potential use of OIS could be 30 - 40% of all Japanese Yen interest -
9 rate swap transactions . Transa ctions
rate swap transactions . Transa ctions maturity 2+Y Payer of fixed interest Receiver of fixed int
10 erest Payer of fixed interest Receiver o
erest Payer of fixed interest Receiver of fixed interest Banks Adjustment of general interest ra
11 te risk Fair value hedge of fixed rate
te risk Fair value hedge of fixed rate lending Cash flow hedge of time deposits (less than 1 ye
12 ar) Adjustment of general interest rate
ar) Adjustment of general interest rate risk Cash flow hedge of floating rate lending Adjustment
13 of general interest rate risk Fair val
of general interest rate risk Fair value hedge of fixed rate lending Government bond portfolio
14 hedging and asset swaps Adjustment of
hedging and asset swaps Adjustment of general interest rate risk Cash flow hedge of floating
15 rate lending Fair value hedge of time
rate lending Fair value hedge of time deposits (more than 1 year) Securities irms Adjustment of
16 general interest rate risk Government
general interest rate risk Government bond (auction risk IBOR related derivatives hedge Adjustm
17 ent of general interest rate risk Bond
ent of general interest rate risk Bond issuance IBOR related derivatives hedge Adjustment of gen
18 eral interest rate risk Government bond
eral interest rate risk Government bond (auction risk Bond issuance IBOR related derivatives he
19 dge Adjustment of general interest rate
dge Adjustment of general interest rate risk Bond issuance (including structured notes) IBOR rela
20 ted derivatives hedge Insurance Adjustm
ted derivatives hedge Insurance Adjustment of general interest rate risk Adjustment of general
21 interest rate risk Adjustment of general
interest rate risk Adjustment of general interest rate risk Foreign currency denominated bond is
22 suing hedge Adjustment of general inte
suing hedge Adjustment of general interest rate risk Pen sions, Asset managements Investment tr
23 usts, Hedge funds Risk taking Risk taki
usts, Hedge funds Risk taking Risk taking Risk taking Risk taking Corporates, others Floating ra
24 te borrowing hedge (fixing interest pa
te borrowing hedge (fixing interest payment) Fixed rate borrowing hedge (floating interest pay
25 ment) Floating rate borrowing hedge (f
ment) Floating rate borrowing hedge (fixing interest payment) Fixed rate borrowing hedge (flo