SINGAPORE – Singapore’s money-market rates have dropped as traders shrug off the central bank’s first monetary policy shift in five years. The Singapore Overnight Rate Average, the de facto ...
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 ...
Singapore banks have successfully transitioned to using the Singapore Overnight Rate Average (SORA), announced the Association of Banks in Singapore (ABS). This involved the transition of 87,000 ...