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South Africa’s Reserve Bank extended the final publication date for all JIBAR tenors from December 31, 2026, to May 31, 2027. CME and LCH consequently postponed planned November conversions of JIBAR-linked rand swaps, with LCH also set to revise eligible trade criteria and cash compensation.
The extension delays changes to financial contracts and gives firms more time to handle legacy swaps, but the report identifies no direct effect on agricultural supply, demand or commodity prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.