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Nomura warns SGD rate underperformance likely amid market unwind
For the first time in four years, the implied SGD rate is trading above the 3-month SORA rate, reflecting possible easing expectations. The firm also added the unwind of market positioning could ...
The Straits Times14d
Sora, benchmark interest rate for home loans in S’pore, falls to lowest since end-2022
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 ...