The commission said 175 million dollars in penalties were related to abuses of the London Interbank Offered Rate (LIBOR) and the Euroyen
Tokyo Interbank Offered Rate (Euroyen
The Firm represented Banco de Credito e Inversiones (Bci), a leading Chilean bank, in connection with a Euroyen
bond offering of JPY 4,900,000,000 0.70% Bonds due 2017, JPY 10,100,000,000 0.81% Bonds due 2019 and JPY 1,500,000,000 Floating Rate Bonds due 2017, pursuant to Regulation S under the Securities Act of 1933.
Inversiones (Bci)'s Euroyen
senior debt issuance for a total of JPY 16.5
Global Banking News-2 February 2009-Westpac sells JPY245bn Samurai and Euroyen
bonds(C)2009 ENPublishing - http://www.enpublishing.co.uk
Starting Monday, the CME will list euroyen
futures and options on futures contracts on its 24-hour Globex electronic trading platform, allowing investors in different time zones to trade the product whenever they want to.
Other Japan-related derivative products offered on the exchange are the Nikkei 225 futures and options, Nikkei 300 futures and options, Euroyen
LIBOR (London InterBank Offered Rate) and TIBOR (Tokyo InterBank Offered Rate).
Prices of three-month Euroyen
interest rate futures fell on the Tokyo International Financial Futures Exchange, with the yield on the key September contract up to 0.43% from 0.4% Wednesday.
The yield on the benchmark March 2000 contract for three-month Euroyen
rate futures was at 0.26%, down 0.01 percentage point from late Wednesday.
At the peak of these concerns and with December Euroyen
futures contracts reflecting three-month rates nearly 90 basis points above cash rates, at the end of April the dollar traded to the bottom of its range for the quarter.
TOKYO - Moody's Investors Service said Wednesday it has raised the rating for foreign currency and euroyen
debt of public-sector corporations guaranteed by the Japanese government to Aaa from Aa1, with the rating outlook being stable.
On the Tokyo International Financial Futures Exchange, the key September three-month Euroyen
rate futures yielded 0.355%, up 0.02 percentage point from Thursday, on selling for profit-taking before the weekend.
The price of the benchmark March 2000 contract for three-month Euroyen
rate futures rose sharply after the 225-issue Nikkei Index plunged below 17,000 -- for the first time in three months -- bringing the yield to 0.23%, down 0.05 percentage point from late Wednesday.