http://ws9.standardbank.co.za/marketrates/jibar.jsp
would it have been an advantage to link my home loan to the JIBAR instead of the Prime rate on 9 February 2009?
I ask myself the same question....should be easier to get than it is. Try the following: http://www.safex.co.za/pub/mtmdata/ You may have to beat the data into shape to use it.
current rate of init plus
It depends. YTM is calculated in the same way as IRR. You take all future cash flows and discout it by x% and equate to current market price. Then you solve for x% and what you get will be YTM. So if current price of bond is calculated by current market rate of interest than YTM=Current Market Rate of Interest. How ever bond price not always is equal to that price. Very often current yield(coupon/current market price) is different from current rate of interest. In such case YTM will differ from Current Market Rate of Interest.
You can find the current us currency exchange rate on x-rates.com.
would it have been an advantage to link my home loan to the JIBAR instead of the Prime rate on 9 February 2009?
The 3 month Jibar is derived from 3-month NCD rates. Likewise the 1-month Jibar is derived from 1-month NCDs. The Jibar rates are all quoted as nominal annual rates, which means that the interest you will receive on a 3-month investment at Jibar will be calculated as (3M Jibar/4) x (amount invested). Now if you are able to invest money for 3 months at the 3-month Jibar, you can obviously re-invest it after 3 months at the new 3-month Jibar. If the new 3M rate remains exactly the same then obviously it becomes your NACQ. The point is that it may not be the same as 3 months ago. Thus the 1-month Jibar can be seen as a NACM and the 6-month Jibar as a NACSA. A vanilla bond coupon rate is an even better example of a NACSA because it never changes. Now here is a challenge. If the 6-m Jibar is regarded as a NACSA what is the 9-month Jibar then? The short answer is that money market rates are never quoted as compounded rates - they are nominal annual rates. It depends on how the investment (or loan) is treated that determines whether they become NA compounded rates. If you invest in a 9-m NCD at 10% p.a. and re-invest the total maturity value after 9 months for another 9 months at 10% p.a., your effective interest interest rate earned for the first 12 months will be slightly more than 10%.
JIBAR rates are used in south Africa. The most efficient way is to compare fixed rate list of all local financial institutes and research rather there is better.
I ask myself the same question....should be easier to get than it is. Try the following: http://www.safex.co.za/pub/mtmdata/ You may have to beat the data into shape to use it.
current repo rate is 8.5%
The current CPI inflation rate is 3.5%.
current rate of init plus
The current yearly rate comes out to be 7.2 percent.
The current inflation rate of the United Kingdom is 3.2%.
WHAT IS THE CURRENT RATE OF PAINTING
The current Repo Rate is 6.5% and that of Reverse Repo Rate is 5.5%. While the Bank Rate is 6.00% ..
current base rate