Johannesburg Interbank Agreed Rate - JIBAR

Filed Under »
Dictionary Says

Definition of 'Johannesburg Interbank Agreed Rate - JIBAR'

The money market rate that is used by South Africa. The rate comes in one-month, three-month, six-month and 12-month discount terms.
Investopedia Says

Investopedia explains 'Johannesburg Interbank Agreed Rate - JIBAR'

The rate is determined as an average of the rates indicated by local and international banks. JIBAR is calculated as a yield and then converted into a discount. The rate is calculated daily after all of the rates are received by participating banks.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Money Market

    A segment of the ...
  2. Interbank Rate

    The rate of ...
  3. Euro Interbank Offer Rate - EURIBOR

    The rates ...
  4. Interest Rate

    The amount ...
  5. London Interbank Offered Rate - LIBOR

    An interest rate ...
  6. Money Market Fund

    An investment ...
  7. Money Market Account

    A savings ...
  8. Panel Bank

    The name given ...
  9. Marketable Securities

    Very liquid ...
  10. Two Name Paper

    A nickname ...

Articles Of Interest

  1. An Introduction To LIBOR

    This influential rate is published daily in Britain, and felt all around the world.
  2. Adjustable-Rate Mortgage Indexes: Know Your Benchmark

    Understanding these benchmarks can help you select the most competitive adjustable-rate loan.
  3. How Companies Use Derivatives To Hedge Risk

    Derivatives can reduce the risks associated with changes in foreign exchange rates, interest rates and commodity prices.
  4. Forces Behind Interest Rates

    Get a deeper understanding of the importance of interest rates and what makes them change.
  5. Compare Local Interest Rates

    Search and compare the best checking and savings rates nationwide from Bankrate.com. Click Here!
  6. Who determines interest rates?

  7. How Interest Rates Affect The Stock Market

    Whether you're buying lunch, a home or a stock, you're influenced by interest rates.
  8. Stashing Your Cash: Mattress Or Market?

    Pulling your money out of the market may help you sleep at night, but is it a smart move?
  9. Defining The 3 Types Of Investments

    The first step to being a successful investor is knowing what is and isn't an investment.
  10. Asset-Backed Commercial Paper Carries High Risk

    Asset-backed commercial paper has characteristics that make it much more risky than traditional commercial paper.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center