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South African Reserve Bank

Terms of Reference 

The SARB published a consultation paper on selected interest rate benchmarks in South Africa on 30 August 201.8. The consultation paper sets out proposals for the reform of interest rate benchmarks in South Africa. To manage the process of adoption of, and transition to the new interest rate dispensation as proposed in the consultation paper, the SARB established the MPG. Following the consultation period, the SARB will liaise with the MPG in finalising the implementation paper on interest rate benchmark in South Africa.

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