JIBAR definition

JIBAR means, in relation to any Interest Period, the rate for the period which most closely approximates such Interest Period which appears on the Reuters Screen SAFEY Page as at 11h00 Johannesburg time on the first day of such Interest Period;

JIBAR means, for an Interest Period of any Loan or Unpaid Sum:

JIBAR means the Johannesburg inter-bank agreed rate;

Examples of JIBAR in a sentence

• If the Reference Rate from time to time in respect of Floating Rate Notes is specified in the Applicable Pricing Supplement as being other than the JIBAR rate, the Interest Rate in respect of such Notes will be determined, in the manner provided above, or as may be provided in the Applicable Pricing Supplement.

• The dividends payable are based on a JIBAR rate, and the shares are secured by interest bearing arrangements.

• The preference shares are redeemable in five years by Holder Company, and the dividend yield on the shares is based on JIBAR.

• The preference shares are redeemable after five years by Bank and generate a yield equal to JIBAR plus one per cent.

• Bank and Operating Company enter into a financing arrangement through the use of preference shares issued by Operating Company with a JIBAR yield.

More Definitions of JIBAR

JIBAR means, in relation to any Loan:

JIBAR means the mid-market rate for 3 month deposits in South African Rand;

JIBAR means, in relation to any Loan the applicable Screen Rate –

JIBAR means the Johannesburg interbank agreed rate calculated by South African Futures Exchange (Safex) (being the futures exchange of the JSE Limited) for three month South African Rand deposits on the first Business Day of each calendar quarter;

JIBAR means the “JIBAR” rate as determined in and prevailing under the Plateau Senior Facilities Agreement from time to time;

JIBAR means, in respect of any Relevant Currency and any specified period, the interest benchmark known as the Johannesburg interbank agreed rate;

JIBAR means the Johannesburg Interbank Agreed Rate.