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JIBOR: Jakarta Interbank Offered Rate by Bilher Sihombing is a document available to read on EtoBox.

JIBOR, or Jakarta Interbank Offered Rate, is the average interest rate that banks in Indonesia offer to lend unsecured funds to other banks in rupiah. It is used as a reference rate for floating interest rates, interest rate derivatives, and financial instrument valuation. JIBOR is published daily by Bank Indonesia based on interest rate indications submitted by contributing banks, with the aim of increasing transparency and credibility in monetary policy transmission and domestic financial market deepening

Author

Bilher Sihombing

Language

EN