SORA
Sora expected to remain low, but analysts say further decline limited
Singdollar rates already at a historically wide discount from US dollar rates
DBS, OCBC, UOB Q2 results likely to be weighed down by lower interest rates
But loan growth and recovery in wealth management activity could buffer declines, with trading income possibly surprising on the upside: analysts
Low mortgage rates help; but be cautious in pursuing condo dreams as economic outlook weakens
Don’t raid the CPF account for a private home
Sora now the de facto standard for Singapore dollar loan products as banks complete transition
The rate is widely adopted by financial institutions and borrowers and is derived from actual overnight interbank lending transactions in the country
SGX to offer interest rate derivatives on Singapore, Tokyo benchmarks
SINGAPORE Exchange (SGX Group) will launch short-term interest rate futures linked to the Singapore Overnight Rate Average (Sora) and Tokyo Overnight Average Rate (Tona) for hedging and trading fluctu...
All Sibor retail loans to be converted to reference Sora in June 2024
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...
Three-month compounded Sora crosses 3% for the first time since 2007
THE three-month compounded Singapore Overnight Rate Average (Sora) rate, which is pegged to most floating home loan packages in Singapore, has passed the 3 per cent mark for the first time since 2007....
Singapore banks urged to aim for transition out of SOR by Mar 31, 2023
SINGAPORE’S banks are strongly urged to make reasonable efforts to actively transition out of or insert appropriate contractual fallbacks into all Swap Offer Rate (SOR) contracts maturing after Jun 30...
OCBC and StanChart complete 30-year Sora OIS, the second longest tenor in history
OCBC Bank and Standard Chartered announced on Thursday (Jul 7) the completion of its 30-year overnight indexed swap (OIS) derivatives transaction using the Singapore Overnight Rate Average (Sora) as t...
Singapore mortgage rates may rise up to 0.75 point this year following Fed hikes, consultants say
MORTGAGE rates in Singapore could be raised 3 times this year, by 25 basis points each time, according to mortgage advisors polled by The Business Times.
