ACTSA Webinar: Risk Management in the new paradigm

The Association of Corporate Treasurers of Southern Africa (ACTSA) in association with Rand Merchant Bank invites you and your colleagues to a webinar presentation:
Risk Management in the new Paradigm.

• Interest Rates where are we heading?
• What are appropriate hedging strategies for corporates?
• JIBAR – where to from here?

The policy rate is expected to remain lower for longer post covid-19, in line with global monetary policy. It is suggested that fiscal risks will limit the SARB’s ability to cut rates much further and, importantly, will also limit its ability to hike rates in the foreseeable future as the need to keep nominal bond yields as low as possible becomes paramount. With the expectation of a lower interest rates in the foreseeable future, how should Corporate Treasuries think about interest rate risk and the development of a new key reference rate to replace JIBAR?