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 ...

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 ...

In line with global interest rate benchmark reform, the Singapore banking industry will move towards SORA, as SOR and SIBOR are phased out Read more at straitstimes.com. 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 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 ...

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 ...

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 ...

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 benchmark interest ...

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

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: 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 ...