In the fourth episode of our Corporate Conversations series, Eulali Gouws, Head of Money Market at STANLIB Asset Management, talks briefly about how bond and money market participants should be adjusting benchmark rates from JIBAR to ZARONIA, for both legacy and future contracts.
Welcome to the STANLIB Corporate Conversations Podcast Series - our newest resource designed to offer timely, expert insights into the factors shaping financial and fixed income markets.
In this episode, Charlene Klöhn, Head of Corporate Cash Solutions at STANLIB is joined by Kevin Lings, STANLIB Chief Economist, to unpack the shifting dynamics in the money market and enhanced yield space.
Welcome to the STANLIB Corporate Conversations Podcast Series - our newest resource designed to offer timely, expert insights into the forces shaping financial and fixed income markets. Our first episode focuses on a significant development in South Africa's financial landscape - the transition from the long-standing Johannesburg Interbank Average Rate (JIBAR) to the South African Rand Overnight Index Average, better known as ZARONIA.
In this short and informative episode, Eulali Gouws, STANLIB Head of Money Market, outlines the key timelines for the transition, which is set to take place in December 2026. She also explores the implications of this shift for money market and fixed income funds.
SA’s financial markets are undergoing a foundational transformation as the country transitions from the Johannesburg Interbank Average Rate (JIBAR) to the South African Rand Overnight Index Average (ZARONIA). This shift, part of a global movement toward more transparent and transaction-based reference rates, is reshaping how interest rates are calculated, contracts are structured, and risk is managed across the financial system.
We recently hosted an informative webinar on the industry’s transition from JIBAR to ZARONIA as the new interest rate benchmark. Eulali Gouws, Head of Money Market at STANLIB, shared valuable insights into this important transition.
