# FTSE Russell launches term ZARONIA benchmark for South African swaps and lending transition

> FTSE Russell launched the forward-looking FTSE Term ZARONIA benchmark on November 3 to support South Africa’s transition away from JIBAR. The benchmark uses transaction data and executable market pricing and is designed to provide a rate known at the start of an interest period.

- Date: 2026-11-07 · published 2026-11-07T21:10:26.507Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/86531-ftse-russell-launches-term-zaronia-benchmark-for-south-african-swaps-and
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

The benchmark affects South African financial contracts and rate-setting, but the article identifies no direct change to agricultural supply or demand or feed-commodity prices.

## Sources

- fxbrokers.ai: https://fxbrokers.ai/news/ftse-russell-launches-term-zaronia-benchmark-for-south-african-swaps-and-lending-transition/

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