The 31-year-old customer success manager shared that his interest rate was calculated at 0.92 per cent – based on a three-month compounded SORA rate of 0.12 per cent, plus a 0.80 per cent loan ...

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.

Administered by the Monetary Authority of Singapore, interest rate benchmark SORA now indexes derivatives worth over S$200 billion and loans amounting to S$10 billion Read more at straitstimes.com.

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 ...

SINGAPORE will press ahead with its industry transition to the Singapore Overnight Rate Average (Sora) as the new interest rate benchmark by the end of this year, even as the discontinuation of a key ...

Singapore is preparing to introduce the Singapore Overnight Rate Average as the new interest rate benchmark for syndicated loans ahead of the expected discontinuation of the scandal-tainted Libor ...

As most Singapore mortgage rates are now pegged to SORA, you will not see interest rates prematurely rising too out of step with the US Fed Funds Rate. This is because although SORA is a ...

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 ...

SINGAPORE: Banks in Singapore aim to start active Singapore Overnight Rate Average (SORA) derivatives trading in the second half of the year, as the city-state prepares a transition to new ...

OCBC Bank and CapitaLand have inked Singapore's inaugural loan facility agreement referencing the Singapore Overnight Rate Average (SORA), for a S$150 million three-year corporate loan. This is a ...