​The Bank of Thailand invites market participants to provide your opinions to the consultation paper on Adjusted THBFIX in the event of LIBOR cessation.

        The steering committee on commercial banks’ preparedness on LIBOR discontinuation is consulting  participants in the Thai financial markets, especially those potentially affected by the LIBOR cessation through its linkage to THBFIX-based products. The consultation focuses on the Adjusted THBFIX methodology in the case of LIBOR cessation, focusing in particular on derivatives products, and will remain open on the Bank of Thailand’s website until 27 March 2020. Please provide feedbacks via the form on the BOT website and email your responses to FMD-standards@bot.or.th by 27 March 2020, clearly indicating that you are submitting a response in the subject line of your email. The deadline will not be extended.