Regulatory Alerts2018-03-22
Added · Updated
Central Bank of Jordan Circular Regarding JODIBOR
The Central Bank of Jordan establishes the Jordan Interbank Offered Rate (JODIBOR) as the official benchmark interest rate for the Kingdom of Jordan, effective 1 July 2018. Financial institutions are required to adhere to the circular's guidelines, which detail the calculation methodology and application of a Top-Up mechanism to maintain benchmark integrity. This rate serves as the primary reference for pricing financial instruments and transactions within the Jordanian financial market.
Topics
monetary
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