banner
EN / TH
Metadata
THBFIX Procedure and Conduct Guideline
List of Contributing Banks and FX Brokers
Historical data
Data as of : Friday, May 13, 2022

Thai Baht Interest Rate Fixing (THBFIX) and components

Thai Baht Interest Rate Fixing (THBFIX) means the synthetic rate for deposits in Thai Baht, which represents the effective cost of borrowing the Thai Baht synthetically by borrowing the US dollar for the same maturity, and swapping out the US dollar in return for the Thai Baht.

THBFIX (Unit: Percent per annum)

Tenor Day Count THBFIX
ON 4 0.41683
1 Week 7 0.44815^
1 Month 34 0.40413
3 Months 92 0.46141
6 Months 184 0.60520^
12 Months 365 1.12217

Components

USDTHB Spot Rate for calculating THBFIX (Unit: 1 US Dollar)


Spot Rate
34.7363

USDTHB Forward Points for calculating THBFIX (Unit: Satang)


Tenor Day Count Forward Points
ON 4 -0.1600
1 Week 7 -0.2650^
1 Month 34 -1.6000
3 Months 92 -8.7438
6 Months 184 -24.5713^
12 Months 365 -53.0000
Source
  1. Contributing Banks
  2. FX Brokers
  3. Thomson Reuters (Refinitiv)
Remark
  1. THBFIX and components are calculated from USDTHB Spot and USDTHB Swap transactions undertaken by the Contributing Banks.
  2. NY HOL denotes that no USDTHB Swap Qualified Transaction to calculate THBFIX for that business day due to US holiday.
  3. ^ denotes that the fallback is implemented due to no USDTHB Spot or USDTHB Swap Qualified Transaction to calculate THBFIX for that business day, ^ is published at 9.30 a.m. on next business day.
  4. * denotes revised data.
  5. THBFIX and USDTHB Spot Rate for each business day are published at 7.00 pm or 8.00 pm on that day while USDTHB Forward Points is published at 09.30 am on next business day.
  6. In case that the publication of 1-week USD LIBOR is permanently discontinued, the BOT will interpolate 1-week USD LIBOR from overnight and 1-month USD LIBOR and use such interpolated rate to calculate 1-week THBFIX. (this procedure will be utilized during January 2022 – June 2023)
Terms and Conditions for use/Disclaimer
THBFIX and components
  1. Bank of Thailand (BOT) who is the owner and administrator of the transactions-based Thai Baht Interest Rate Fixing (THBFIX), Thomson Reuters (Refinitiv) who is the official Calculation Agent, and the Contributing Banks and the FX Brokers who supply the data do not warrant the completeness, timeliness, regularity, or accuracy of the published THBFIX and components. The transactions-based THBFIX and components may be subject to change at any time without notice.
  2. Under no circumstances shall BOT, Thomson Reuters (Refinitiv), the Contributing Banks and the FX Brokers be liable for any loss, damage, liability or expense incurred or suffered which is claimed to resulted from the use of the published THBFIX and components, including without limitation, any fault, error, omission, interruption or delay with respect thereto. Under no circumstances, including, but not limited to, negligence, shall BOT, Thomson Reuters (Refinitiv), the Contributing Banks and the FX Brokers be liable for any direct, indirect, incidental, special or consequential damages, even if BOT, Thomson Reuters (Refinitiv), the Contributing Banks and the FX Brokers have been advised of the possibility of such damages.
  3. User specifically acknowledges and agrees that BOT, Thomson Reuters (Refinitiv), the Contributing Banks and the FX Brokers are not liable for any conduct of any User.
  4. As a condition of use of the published THBFIX and components, User agrees to indemnify BOT, Thomson Reuters (Refinitiv), the Contributing Banks and the FX Brokers from and against any and all actions, claims, losses, damages, liabilities and expenses (including reasonable attorneys' fees) arising out User's use of the published THBFIX and components, including without limitation, any claims alleging facts that if true would constitute a breach by User of these terms and conditions. If User is dissatisfied with the published THBFIX and components or with any of these terms and conditions of use of the published THBFIX and components, User's sole and exclusive remedy is to discontinue using the published THBFIX and components.
  5. The unauthorized display, reproduction, external distribution of the Bank of Thailand Transactions-based THBFIX and Components or any derivative works or improvements from said Benchmarks in any form or manner is expressly prohibited.
USD LIBOR
  1. USD LIBOR serves directly or indirectly as an input or underlying reference for THBFIX, and it and the trademarks LIBOR, ICE LIBOR Administration are used with permission under license by ICE Benchmark Administration Limited as administrator of ICE LIBOR.
  2. ICE BENCHMARK ADMINISTRATION LIMITED MAKES NO WARRANTY, EXPRESS OR IMPLIED, EITHER AS TO THE RESULTS TO BE OBTAINED FROM THE USE OF ICE LIBOR AND/OR THE FIGURE AT WHICH ICE LIBOR STANDS AT ANY PARTICULAR TIME ON ANY PARTICULAR DAY, OR OTHERWISE. ICE BENCHMARK ADMINISTRATION LIMITED MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE FOR USE WITH RESPECT TO THBFIX.