Jibar Code of Conduct, Governance Process and Operating Rules
Last Modified Date:
2021-07-13, 12:06 PM
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The Johannesburg Interbank Average Rate (Jibar) is the most important reference rate in the domestic financial markets and is calculated for various maturities up to 12 months. The three-month Jibar rate, in particular, is the key reference rate used to reset most variable rate financial contracts, including derivative transactions.