A CONSULTATION report has recommended that the SGD Singapore Interbank Offered Rates (Sibor) be discontinued in three to four years, and that the Singapore Overnight Rate Average (SORA) be used as...

BT EXCLUSIVE

BANKS are revising their home loan offerings by increasing spreads in their floating rate packages while lowering their fixed rates as the Singapore inter-bank offered rate (Sibor) plunged in...

OCBC Bank and Standard Chartered have completed Singapore’s first overnight indexed swap derivatives transaction using the Singapore Overnight Rate Average (SORA) as the interest rate benchmark....

BT EXCLUSIVE

SINGAPORE's key short-term interest rate, which is used to price home loans, has finally begun its long-awaited slide following the latest cut by the US Federal Reserve to give a fillip to the...

SINGAPORE will transition from the use of the Sing-dollar Swap Offer Rate (SOR) to the Singapore Overnight Rate Average (SORA) over the next two years, as the scandal-tainted Libor is due to meet...

RETAIL investors’ interest in Singapore Savings Bonds (SSBs) has waned in recent months, likely due to competition from banks offering higher rates for fixed deposits, DBS Group Research said on...

BT EXCLUSIVE

TRILLIONS of dollars globally are priced to Libor, the scandal-tainted benchmark that is due to vanish by end-2021 - and this massive transition may catch Asian banks wrong-footed with the speed...

BT EXCLUSIVE

RISING interest rates are known to hurt Real Estate Investment Trusts - but in the latest round of hikes, Singapore-listed Reits (S-Reits) appear to have rate-proofed themselves well.

BT EXCLUSIVE

AS interest rates hit a 10-year high, banks are increasingly firing off missives to home loan borrowers informing them that their loans have been repriced.