Review of domestic interest rate benchmarks 
 

The South African Reserve Bank (SARB) has published the ‘Consultation paper on selected interest rate benchmarks in South Africa’. The paper contains proposals on the reform of key interest rate benchmarks used in South Africa as well as proposals on a suite of new benchmarks that could potentially be used as reference interest rates.  These reform efforts are consistent with the SARB’s endorsement of the coordinated efforts by global regulators and central banks to ensure that interest rate benchmarks are credible, accurate and trusted by consumers and financial market participants.

Related documents:    

Related Media Releases:

• Media Release
  Publishing of the feedback report on the draft statement of methodology and policies governing the SARB-administered interest rate benchmarks
• Media Release
  Draft Statement of methodology and the policies governing the South African Reserve Bank-administered interest rate benchmarks - Publish date: 2020-06-19
• Media Release
  Report on stakeholder feedback on the reform of interest rate benchmarks in South Africa - Publish date: 2019-05-24
• Media Release
  Consultation paper on selected interest rate benchmarks in South Africa - Publish date: 2018-08-30

Related Committee: 

Market Practitioners Group – MPG