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.
Publication of the South African Overnight Index Average interest rate benchmark for use by market participants
Published Date:
2023-11-03
Last Modified Date:
2024-09-10, 01:06 PM
Category:
Media > Media Releases | What's New | Financial Markets > FMD-MediaReleases | Market Practitioners Group > MPG Media Releases
The observation period for the South African Rand Overnight Index Average (ZARONIA) interest rate benchmark ends today. Market participants may use ZARONIA as a reference rate in financial contracts going forward.