You are here

3-month SOR continues to fall on benign financial market conditions

Strategists also cite low expectation of USD rally as a factor for weak interest rates
Friday, May 12, 2017 - 05:50

UOB.jpg
Local interest rates continue to fall amid flush liquid market conditions.

Singapore

LOCAL interest rates continue to fall amid flush liquid market conditions.

The three-month swap offer rate (SOR) has been tumbling since late April, and at 0.7683 per cent on May 9 is back to early February levels. The three-month SOR is a benchmark used for corporate

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom