Definition
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. An individual or business that seeks to borrow money from a South African bank will typically be quote
In Panel Profits
In the Panel Profits market platform, Johannesburg Interbank Average Rate (JIBAR) in South Africa applies standard equities & market mechanics principles to comic assets and physical collections. Trading volume and liquidity spreads reflect secondary market dealer and auction transactions.
Common mistakes
Do not infer unobserved prices.