Investments glossary

Johannesburg Interbank Average Rate—JIBAR

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Quotes of the day:

The GOLD in Golden years was identified by the sight impaired. It is actually Rust!!

— Jenny Flowers Strother

The Johannesburg Interbank Average Rate (JIBAR) is the money market rate that is used in South Africa. The benchmark for short-term loans and instruments, the rate comes in one-month, three-month, six-month, and 12-month discount terms. The 3-month Jibar rate is the most widely used and accepted.

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