bahtbaht

FM_RT_003:Page1/1MetadataTablecodeFM_RT_003TitleThaiBahtImpliedInterestRatesFrequency,LagtimeandReleasescheduleFrequencyDailyLagtime1businessdayReleaseschedule:Everybusinessdayat11.
00a.
m.
SummaryMethodologyAnalyticalFramework,Concepts,Definitions,andClassificationsScopeofthedataAccountingConventionsNatureoftheBasicDataSourcesCompilationPracticesThaibahtImpliedInterestRatesrefertointerestratequotedforBahtborrowingthroughswapmarketfromwhichtheBankofThailanddisseminates.
Theratesarethosepertainingtodomesticmarketwherealltransactionsareeitherinterbankorbetweencommercialbanksandtheirclients.
Informationontheratesareobtainedfrombrokerswhoquotetheratesaswellasfrominterestratespertainingtoforeignmarkets,whichreflecttransactionsbetweencommercialbanksandNon-residentclients(i.
e.
,fromReuters),accordingly.
Normally,costofborrowingsviaswapmarketwouldbedeterminedthroughswappoint.
Inthislight,swappointcouldbeuseduponcalculationforinterestrate;i.
e.
,swappointisdenominatedinforeignexchangeterm(forthisswapmarket,thequotewouldbeintermsofUSdollarvis-à-visThaiBaht),whichcanbeeitherpositive(premium)ornegative(discount)values.
Oncewetakethedifferencebetweentheswappointwithcorrespondingspotrate,theresultwillrepresenttheforwardratefordifferenttimeperiods.
SwappointisdeterminedfromthedifferencebetweenThaiBahtinterestrateandUSdollarinterestrateacrossdifferenttimeperiods.
Therefore,onceswappointandtheUSdollarinterestratearefullyrealized,thecorrespondingThaiBahtinterestrateinswapmarketcouldthenbedetermined,accordingly.
SourceofdataBankofThailandAccessibilityBOT'swebsite(https://www.
bot.
or.
th/App/BTWS_STAT/statistics/BOTWEBSTAT.
aspxreportID=225&language=eng)Revisionpolicy-FinancialMarketDataTeamDataManagementandAnalyticsDepartmentTel.
66(0)2356-7331