Update on the Johannesburg Interbank Average Rate (Jibar) transition plan
The Market Practitioners Group (MPG) has published an ‘update on the Johannesburg Interbank Average Rate (Jibar) transition plan’ which outlines the roadmap for increasing the use of the South African Rand Overnight Index Average (ZARONIA) in financial markets and transitioning away from Jibar.
The Market Practitioners Group (MPG) has published an ‘update on the Johannesburg Interbank Average Rate (Jibar) transition plan’ which outlines the roadmap for increasing the use of the South African Rand Overnight Index Average (ZARONIA) in financial markets and transitioning away from Jibar.
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