Skip to main content
Derivatives Compass

Term rate

Japanese
ターム物金利
Last reviewed
September 25, 2026

This is a draft, shown for review before publication.

A term rate is an interest rate for a period longer than one day, such as one week or three months. Some benchmark rates, such as Japanese Yen TIBOR and TORF, are term rates whose value is set at the start of the interest period.

Explained in detail

Pages that use this term