JBOND Repo Index Rate

CME Group Benchmark Administration and JBOND Totan Securities, the leading electronic trading platform for Japanese repurchase agreements, have jointly launched the JBOND Repo Index Rate.

JBOND Repo Index Rate is a secured one day interest rate index calculated based on trades executed on JBOND.

All eligible repo trades use Japanese government bonds as collateral and are centrally cleared through the Japanese Securities Clearing Corporation.

JBOND Repo Index Rate is calculated and published by CME Group Benchmark Administration.