Sibor

Many home owners with mortgages pegged to the Singapore Interbank Offered Rate (Sibor) have switched to alternative loan packages, but far more are resisting the move despite the clock ticking for suc...

ALL outstanding Singapore Interbank Offered Rates (Sibor) retail loans will automatically be converted to reference Singapore Overnight Rate Average (Sora) in June 2024, said the steering committee fo...

WHOLESALE market participants are being encouraged to "substantially shift" out of any legacy swap offer rate (SOR) exposures by Dec 31, while the retail market is expected to take a longer transition...

FINANCIAL institutions will have to cease the use of the Swap Offer Rate (SOR) in new derivatives contracts by end-September 2021, in a freshly announced timeline to further push the industry towards ...

SINGAPORE banks may see some margin compression as the industry transitions to risk-free reference rates, but there is no race to the bottom for loan pricing in the next few years, said analysts.

Measure to take place even though Libor discontinuation may be postponed to mid-2023 from end-2021 as industry faces challenges in switching

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 Monetary Authority of Singapore (MAS) is expanding the mandate of the steering committee that is overseeing the Swap Offer Rate (SOR) transition to Singapore Overnight Rate Average (Sora), it said...

Final verdict on its fate likely to come in Nov. This means both Sibor, SOR will be phased out and replaced by SORA