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Consultation on market conventions for ZARONIA-based derivative instruments
Published Date:
2023-01-20
Last Modified Date:
2023-09-14, 09:47 PM
Category:
Media > Media Releases | > | Financial Markets > FMD-MediaReleases | What's New | Media Releases > MPG-Derivatives
The Market Practitioners Group (MPG) has published a white paper that proposes market conventions for derivative products that will use the newly launched South African Rand Overnight Index Average (ZARONIA) as an alternative reference rate to the Johannesburg Interbank Average Rate (Jibar).