Singapore’s central bank said it would move away from using the Singapore dollar swap offer rate, or SOR, as a key interest-rate benchmark due to the likely discontinuation of the U.S. dollar ...

Click here to learn more about SORA and get the latest updates on Singapore's interest rate benchmarks. Timeline of events Apr 30, 2021: Banks ceased usage of SOR in new loans and securities.

Singapore’s benchmark interest rate, known as Sibor, to be discontinued by 2024 Industry group proposes Sibor to be replaced by Sora in consultation report The shift to a uniform benchmark ...

The Steering Committee for SOR and SIBOR Transition to SORA (SC-STS) have announced the successful completion of the transition from the Singapore dollar swap offer rate (SOR) and Singapore interbank ...

THE move from the Singapore Dollar Swap Offer Rate (Sor) and the Singapore Interbank Offered Rate (Sibor) to the Singapore Overnight Rate Average (Sora) has been completed, said the steering committee ...

The outstanding value of index swaps pegged to the Singapore Overnight Rate Average — or SORA — climbed to almost $2 trillion at the end of May, more than 60% higher than in June 2022, data ...

The Singapore Interbank Offered Rate (SIBOR) is the benchmark interest rate for lending between banks in markets within the Asian time zones.