JIBOR definition
JIBOR or “Jakarta Inter-bank Offered Rate” means the interest rate on the inter-bank money market in Jakarta as published by Reuters in the Reuters Interest Rate Monitoring Service (Reuters Screen) at 11:00 (eleven) in the morning of the local time 3 (three) Business Days prior to an Interest Period, indicating the inter-bank primary interest rate in Jakarta to which the rate of interest determined on Rupiah- denominated loans refer for a period of 1 (one) month, and for the purpose of this Credit Agreement the JIBOR interest rate of up to 1/1000 (one per mil) shall be rounded.
JIBOR means, with respect to any Loan, the determination of applicable interest rate for Rupiah during the relevant Interest Period, which is made available on the Reuters Screen 2 (two) Business Days prior to the commencement of the said Interest Period. For such purpose, “Reuters Screen” means the display of the “JIBOR” page on the Reuters screen or any other page in lieu of the “JIBOR” page on such system, for the offering of deposits in Rupiah in a period comparable against the said Interest Period for the Loan.
JIBOR means the wholesale funding rate known as the Jakarta Interbank Offered Rate, provided by the IBOR Administrator;
Examples of JIBOR in a sentence
Forward Agreement (Triliun Rupiah) Tenor Rate PUAB Rate PUAB Imbal JIBOR Imbal Rate 3 Bulan 2,514 2,466 2,450 2,443 2,527 3,040 3,172 2,867 6 Bulan 2,599 2,491 3,071 2,970 2,647 3,225 3,461 2,865 9 Bulan 2,187 2,039 2,308 2,219 2,445 2,706 2,947 2,236 12 Bulan 2,093 1,946 2,191 2,146 2,463 2,400 2,684 2,059 Jika dibandingkan setiap tenor yang disimulasikan dengan pembiayaan valas bank syariah, maka tenor 6 bulan memberikan total keuntungan yang paling besar.
JIBOR merupakan suku bunga acuan yang digunakan pada transaksi keuangan ▇▇▇▇▇▇ ▇▇▇▇ untuk referensi suku bunga mengambang, produk derivatif suku bunga ▇▇▇ valuasi instrumen keuangan dalam ▇▇▇▇ uang rupiah.
Penggunaan JIBOR akan mendukung terciptanya pasar uang yang likuid ▇▇▇ dalam serta efisiensi transaksi di pasar uang yang pada akhirnya akan memperkuat stabilitas moneter ▇▇▇ sistem keuangan di Indonesia (Bank Indonesia).
More Definitions of JIBOR
JIBOR or Jakarta Inter Bank Offered Rate means the interest rate in the inter-bank money market in Jakarta as published by Reuters on the Reuters Monitor Money Rate Service (Reuters Screen) at eleven
JIBOR or “Jakarta Inter Bank Offered Rate” shall mean the interest rate in inter bank money market in Jakarta as publicized by Reuters in Reuters Screen at 11.00 (eleven) a.m of local time 3 (three) Working Days prior to the commencement of Interest Term indicating the inter main bank(s) interest bank in Jakarta being the reference to determine the loan interest rate in Rupiah currency for the period of 3 (three) months, and for the interest of this Credit Agreement, JIBOR interest rate up to 1/1000 (one per mill) will be rounded up. In connection therewith the Reference Bank shall mean the head offices in Jakarta of Citibank NA, Bank of Tokyo Mitsubishi UFJ Ltd, The Hongkong Shanghai Banking Corporation Ltd, Standard Chartered PLC, ▇▇ ▇▇▇▇▇▇ Chase Bank NA and ABN Amro Bank NV.
JIBOR berarti, berkaitan dengan setiap tanggal: i. Jakarta Inter Bank Offered Rateuntuk IDR untuk jangka waktu [satu bulan]sebagaimana dipublikasikan oleh Bank Indonesia pada pukul 10.00 waktu Indonesia Bagian Barat; atau ii. Jika kurs tersebut tidak tersedia dari Bank Indonesia, Reuters, atau halaman elektronik yang dipublikasikan secara luas, maka perhitungan aritmatika kurs tersebut (dibulatkan ke atas sampai empat desimal)seperti yang diberikan kepada [Pihak A] atas permintaannya dipublikasikan oleh [masukkan Bank-bank Rujukan] kepada bank-bank terkemuka di pasar antar-bank Jakarta pada pukul 10.00 waktu Indonesia Bagian Barat pada hari penawaran deposito dalam IDR ▇▇▇ untuk jangka waktu sebanding dengan 1bulan. “Lembaga Penyimpanan ▇▇▇ Penyelesaian” berarti Pihak yang menyelenggarakan kegiatan Kustodian sentral bagi Bank Kustodian, Perusahaan Efek, ▇▇▇ Pihak lain. “Lembaga Penilaian Harga Efek” berarti Pihak yang melakukan penilaian harga Efek bersifat utang ▇▇▇ Sukuk untuk menetapkan harga pasar wajar sebagaimana dimaksud dalam peraturan perundang- undangan sektor Pasar Modal mengenai Lembaga Penilaian Harga Efek.
JIBOR means the applicable Reuters screen rate (as defined in the facility agreement in respect of the Facilities) or, if no such screen rate is available for the applicable interest period, the arithmetic mean of the rates quoted to leading banks in the Jakarta interbank market.