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Acronyms and definitions
| A | |
|---|---|
| ACT | The Association of Corporate Treasurers |
| ARR | Alternative Reference Rate |
| ARRC | The Alternative Reference Rates Committee – the working group established by the Federal Reserve that has identified SOFR as the preferred replacement ARR in respect of USD LIBOR |
| B | |
| Benchmarks Supplement | The Benchmarks Supplement as published by ISDA |
| BMS Protocol | The ISDA 2018 Benchmarks Supplement Protocol |
| C | |
| CAS | Credit Adjustment Spread |
| E | |
| ECB | The European Central Bank |
| EURIBOR | Euro Interbank Offered Rate |
| EONIA | The Euro Overnight Index Average |
| ESMA | The European Securities and Markets Authority |
| EU BMR | The European Union Benchmarks Regulation (EU) 2016/ 1011 |
| €STR/EuroSTR | The Euro Short-Term Rate |
| F | |
| FCA | The UK Financial Conduct Authority |
| FSB | The Financial Services Board |
| FSCA | The Financial Sector Conduct Authority is the South African financial institutions market conduct regulator |
| FX | Foreign Currency |
| I | |
| IASB | The International Accounting Standards Board is the independent accounting standard-setting body of the IFRS Foundation |
| IBOR | An Interbank Offered Rate |
| ISDA | The International Swaps and Derivatives Association |
| International Organization of Securities Commissions or IOSCO | The international body formed of securities regulators from around the world which develops, implements and promotes adherence to internationally recognised standards for securities regulation |
| ISDA IBOR Fallbacks | One or more supplements to be published by ISDA which would supplement the 2006 ISDA Definitions by implementing an IBOR fallback language in new derivative transactions |
| ISDA IBOR Protocols | The ISDA 2020 IBOR Fallback Protocols allows adhering parties to include the adjusted RFR fallback language in certain existing derivative contracts with other adhering parties by amending the 2006 ISDA Definitions and the 2000 ISDA Definitions. |
| J | |
| JIBAR | Johannesburg Interbank Average Rate |
| JSE | Johannesburg Stock Exchange |
| L | |
| LIBOR | The London Interbank Offered Rate |
| LMA | Loan Markets Association |
| M | |
| MMSR Regulation | The Money Markets Statistical Reporting Regulation (EU) No 1333/2014 which entered into force on 1 January 2015 and which regulates the reporting of money market data in the EU |
| MPG | Market Practitioners Group |
| N | |
| NCD | Negotiable Certificate of Deposits |
| P | |
| PA | Prudential Authority |
| R | |
| RFR | Risk-Free Rate |
| S | |
| SABOR | South African Benchmark Overnight Rate |
| SAFEX | South African Futures Exchange |
| SARON | The Swiss Average Rate Overnight, the RFR identified as the preferred replacement for CHF LIBOR by the National Working Group on Swiss Franc Reference Rates |
| SOFR | The Secured Overnight Funding Rate |
| SONIA | The Sterling Overnight Index Average |
| STeFI | Alexander Forbes Short- Term Fixed Interest Index |
| T | |
| TONA | The Tokyo Overnight Average Rate, the ARR consulted on by the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks as the alternative to JPY LIBOR |
| W | |
| Working Group on Euro Risk Free Rates | The Working Group established by the ECB, ESMA, FSMA and the European Commission that was established to identify and recommend risk-free rates that replaced benchmarks used in a variety of financial instruments and contracts in the euro area, such as EONIA and EURIBOR |
| Working Group on Sterling Risk Free reference rates | The Working Group established by the Bank of England which has identified SONIA as the preferred replacement ARR in respect of GBP LIBOR |
| Z | |
| ZARONIA | South African Overnight Index Average |
More about JIBAR
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