TIFFE's final settlement prices of Euroyen Futures has been calculated in it's own way by hearing rates from various financial institutions. Zenginkyo TIBOR for Euroyen was newly announced from last March to provide Euroyen users with standard interest rates of more efficient index nature.
The new final settlement price will be applied for the June 1998 Contracts on 15th June 1998, subject to the approval by the Minister of Finance.