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The Singapore Overnight Rate Average or SORA is the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore between 8.00am and 6.15pm. The SORA Publication Date is the same date as the SORA Compounded Index Value Date.
c 210.157%01/12/2021Note: SORA refers to the Singapore Overnight Rate Average, the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapo. Month. 3M SORA. Rates quoted as of 1st business day of the month.
Note: SORA refers to the Singapore Overnight Rate Average, the volume -weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore between 8am and 6.15pm.
The 3-Month Compounded SORA is published by MAS at 9:00 am on all business days in Singapore. The 3-Month Compounded SORA is computed by compounding the published SORA rate (in advance) over the historical 3-month period.
Jun 30, 2023 · 30 June 2023 was the last day of publication for Swap Offer Rate ("SOR") across all tenor settings, following the UK Financial Conduct Authority’s announcement in March 2021 that the overnight, 1-month, 3-month, 6-month and 12-month USD LIBOR settings, which were used in SOR, would cease to be provided by any administrator or be no ...
The 1-month, 3-month and 6-month compounded SORA rates are currently at 3.7522% p.a., 3.6501% p.a., and 3.4825% p.a. respectively (last published on the Monetary Authority of Singapore (MAS) website on 15 June 2023).
Apr 30, 2024 · 3-month Compounded SORA, is a floating interest rate benchmark published by MAS (see above FAQ); Adjustment Spread will be added to account for the difference between SIBOR and 3-month compounded SORA. Diagram 1: Illustration of SORA Conversion Package (SCP)
The SCP seeks to directly convert your existing SIBOR-based loan to a SORA-based loan. The key components of the SCP are: Your existing SIBOR loan margin will remain unchanged; 3-month Compounded SORA is a floating interest rate benchmark published by MAS;
Jul 13, 2021 · Thereafter: 3-month SORA + 1.40% p.a. Lock-in period: 1 year (no lock-in period for BUC properties) Minimum loan amount: $300,000 (Flexibility to prepay up to 50% of the loan amount in the first 2 years.)
3M Compounded SORA (For completed properties) Year 1 to Year 3. 3M Compounded SORA + 0.70% p.a. Thereafter. 3M Compounded SORA + 1.00% p.a. Lock-in period. 1-year. Rate refresh. Every 3 months. Partial prepayment during lock-in period. Flexibility to prepay up to 50% of the loan amount. T&Cs apply. Free Conversion. One-time free conversion ...
