# Reserve Bank postpones cessation of Jibar rate over legislative loopholes

> The South African Reserve Bank moved the discontinuation date for the Johannesburg interbank average rate (Jibar) from end-2026 to May 31, 2027. The delay gives lawmakers time to resolve legal gaps for legacy contracts before the switch to the Zaronia successor rate.

- Date: 2026-11-03 · published 2026-11-03T15:12:18.706Z
- Category: policy · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/77905-reserve-bank-postpones-cessation-of-jibar-rate-over-legislative-loopholes
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

This is a financial benchmark change with no direct effect on grain, oilseed or feed supply and demand. It has no meaningful price implication for feed ingredients.

## Sources

- businessday.co.za: https://www.businessday.co.za/economy/2026-11-03-reserve-bank-postpones-cessation-of-jibar-rate-over-legislative-loopholes/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.