Jibar: Code of Conduct, Governance Process and Operating Rules - April 2021
Last Modified Date:
2021-04-12, 12:05 PM
Publications > JIBAR
The Johannesburg Interbank Average Rate (JIBAR) is a money market term reference rate used in South Africa. JIBAR is constructed using quoted rates for Negotiable Certificate of Deposits (NCD) by JIBAR contributing banks. The South African Reserve Bank (SARB) is the administrator of JIBAR with the primary responsibility for all aspects of the determination process and the integrity of the reference rate...