logo logo logo
R2030
R186
SABOR
ZARONIA
ZAR/USD
ZAR/GBP
ZAR/JPY

Browser Update Recommended.

Our website has detected that you are using an outdated browser that will prevent you from accessing certain features. An upgrade is recommended to improve you browsing experience.

Chrome
Firefox
Edge
3
Safari

Publication Details

Title :
Notice: Revisions to bank quotas - 9 December 2025
Published Date:
2025-12-09
Last Modified Date:
2025-12-09, 02:07 PM
Category:
Financial Markets > FMD-Notice | Notices > General Notices

The South African Reserve Bank’s (SARB) tiered-floor system for implementing monetary policy provides banks with quotas for excess reserves. All balances within quotas earn the policy rate, while balances above quotas earn 100 basis points below the policy rate.

Back
Attachments:
Notice: Revisions to bank quotas - 9 December 2025