South African Benchmark Overnight Rates (SABOR)

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Welcome to SABOR

The objectives of the South African Benchmark Overnight Rate (SABOR) and the implied rate on one-day funding in the foreign exchange swap market (Overnight FX rate) are to provide the market with benchmarks for rates paid on overnight funding, to enhance the transparency and price discovery in the overnight portion of the money market, and to have a reliable indicator of liquidity conditions in the overnight market.

See the Implementation Document here.